I didn't buy KPLC for the quick gain [but if someone offers me 30/- today...] but I will be watching 1H 2010-11 results closely coz that will give me a good idea of what to expect for FY 2010-11.
The drought looms but the dams have some water... KPLC (& KenGen) has started recruiting thermal IPPs...
GoK was dithering on guarantees but they better shape up quick! Even with higher electricity prices I don't expect much drop in demand as new buildings come up all over the country [esp urban areas] & manufacturing is picking up...
BTW, Egypt [a key competitor of Kenya in COMESA] plans to raise [reduce subsidies] on fuel for pwer & vehicles... This will make Kenya more competitive...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett