Hydro power is the cheapest form of electricity in Kenya.The 70 per cent thermal generation produced would mean a rise in cost of electricity which will reduce the usage both for residential or industrial.
The government is gearing up to harvest what it has sown in KPLC

I urgently need some KPLC in my portfolio! Been researching on it and I can assure you it's about to take off big time. I'm ready to bet it will be over 250/- by Sept (or 28/- by then if it's split).

let them stop their crying and buy the damn shares
because after the massive improvement of distribution intended to start in october and the dams bursting looks like they'll have very little to complain about....

For those who are wondering where te price is headed once KenolKobil breaks it 52 week high which stands at ksh 110.00 (and it surely will very very soon),i calculated the various extension levels that are one its way.What i mean is that these are the various levels to offer resistance (you possible selling point)....First resistance level 120.50 , Second resistance level 127.00 ,Third resistance level 133.49.

If it passes one resistance level wait for it to hit the nedxt resistance level on its way up before you decide when to sell.DONOT sell (because it wld be damn foolish) in the middle to two resistance points as you willnot get maximum gains.


Happy investin folks.

@the deal - Yes, I married KPLC... and I am waiting for the babies...