Technically KCB is still bullish though overbought for a while now. If Q3 results are rosy, then the price will remain supported at the current 28/- level.
Fundamentally, KCB should deliver more profits in 2012 which means dividend payout will likely be hiked to 2.00 - 2.10/- If you take a dividend payout of 2/- at the current price of 28/-, the div yield is 7.14%. Still a high dividend yield for a dividend investor.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!