In truth when a share is beaten down there are no takers, no talking about it. But when a stock jumps 10% like 3 different threads occur, it human nature anyway.

KPLC has gone back to the 15.00 level, clearly the 2nd last support with 14.00 being the last support.

The financial year ended on june 30th, but we'll have to wait till oct/sept for results. I hope they maintain their 10-15%(maintainable) growth trajectory.

I've thought about that, actually thanks for asking. My estimate is 1:10 to 1:8 for the next 2 years. There was Around 600,000 shares un-issued left after 2011 bonus issue. They gave around 300,000 shares last time with the 1:8.
So I am estimating 300,000 shares bonus issue per year for two years that this year 2012, and next year 2013. which gives 1:8 to 1:10

KP should be trading in the 20s. Sooner or later, the stock will start rising even without foreign investors supporting the stock. Remember, there was a time few foreigners were participating in ARM.

Kenya Power monopoly at risk? New distributors could be given licences.

Source: KTN Business

I honestly dont think that is a corporate action to look forward to. The bonus will hurt share price. Look at what @young is saying about such action in stanbic uganda.

If they raise the paltry final dividend by 100%, one gets KES 0.20 per share which is a mere 1.3% yield at the current price of KES 15.15. I see most wazuans led by @stocksmaster are targeting 10% yield

We, or rather I, can there conclude that on matter relating to corporate action, KP scores poorly.

What then makes KP 'a buy'? Genghis Capital has rated this company a buy with a target price of KES 22