All this sell now, buy later is for traders/speculators. I am sure it works for some... I tend to look for solid firms with good management.
It's quite simple for me... I see demand has grown. Supply is increasing [tho slower than demand]. Fewer blackouts means better reliability. KPLC plans to go after illegal connections which is not easy but commendable.
I see the (diluted) EPS in 2010-11 being similar to 2009-10 even with many more shares. The calcs have been provided earlier so I don't want to repeat them but the Pref Divs should have been deducted from the PAT attributable to Ordinary Shareholders...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett