Historical P/E for Kenya Power is 7.3......expect it to settle at Ksh 3.28 (EPS) X 7.3 (Historical P/E) = Ksh 23.90 (Range of Ksh 22 - 24) by end of 31st Dec 2013.

Happy Hunting.

@mwekezaji - if it closes above 16 that means we have a nice support base between 12.50 and 15.00. I don't expect those prices to trade again in the near future...

@Boris - when did you boarded this mbus

So current passengers are @stocksmaster, mwekezaji, hisah, boris etc. @aguy I'm still holding your ticket though at a hiked price from today, still time to board. Otherwise we keep loading baggage in the TPS mbus for the next trip

Good results I hope i don't rain on the parade. if the sales are increasing by 10% per year it will take around 7 years for the consumption to double to 3000MW. If we have 5000MW by 2017 so Kenya power still pay for the idle power. That's what keeps the price down. It's good to see kenya power finally appealing to consumers to use more electricity.

On the other side power purchase costs have moved from 24 billion to 30 billion so this is quite good for Kengen

@hisah sometimes last year before they refused to give us dvdnd, don't forget kk too.

You guys, why are you forgetting the time of the year we are at,this thing will come down when that news fades wait and prove me wrong in the next few weeks, I may be wrong though, if 19.50 is broken then you can celebrate a bit because there are a lot of people stuck there.