KPLC made 40/- as EPS but with rains & increased supply through Aggreko (so no more rationing) this can rise to 50/- in 2010.
KPLC has been aggressively going after the crooks who steal transformers & cables. I hope this action will reduce downtime & costs. Both these will add to profits.
The dilution by conversion is the bogeyman. Until this is determined,we remain in the dark.
Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett