However, they have a well-established habit of conservative forecasting (for good reason: there is limited forward visibility on a lot of the work that ends up coming in the door at any point in time), so it should come as no surprise if the JH2022 NPAT number comes in closer to $4m (or even higher), compared to JH2021.
But I agree that the the extraordinary run-up into the result has all the hallmarks of "Buy-the-rumour, Sell-the-fact", and I would not be surprised if the share price marks time for a period.
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KOV Price at posting:
$7.51 Sentiment: None Disclosure: Held
