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    Central Hydropower decreases 0.8% on below average volume 08 October, 2014 17:30 ICT

    10/08/2014

    VIETNAMESE DAILY STOCK REPORT

    Central Hydropower Joint Stock Company (HNU:CHP), Vietnam's 5th largest energy company by market cap, decreased VND100.0 (or 0.8%) to close at VND12,200.0. Compared with the VN Index which rose 0.5 points (or 0.08%) in the day, this represented a relative price change of -0.9%. The volume was 0.9 times the average trading of 25,830 shares.

    BEARISH SIGNALS
    Fundamentals:
    Overvaluation [compared with sector average]:
    + Price/Sales of 2.8 [0.7].

    Sudan, Djibouti and Keny

    10/08/2014

    Ethiopia has connected its power grid with Sudan, Kenya and Djibouti in order to supply the countries with cheaper and cleaner hydropower processed electricity.
    The Ethiopian Electric and Power Corporation (EEPCo) said on Monday that Ethiopia is currently exporting 195 megawatts of electricity to the three neighbouring countries, earning millions of dollars in return.

    Morning Alert: Haitian Hydropower International jumps 7.5% - outperforming 99% of stocks 08 October 2014 10:25 HKT

    10/08/2014

    HONG KONG INTRA-DAY STOCK REPORT

    Haitian Hydropower International Ltd. (HK:08261) jumped 6.0c (or 7.5%) today to trade at 86.0c and has outperformed 99% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

    Brazil power supply in surplus despite drought - govt

    10/08/2014

    Brazilian power plants are currently operating with an average 6.6GW of surplus energy, despite plummeting hydroelectric output, the government said on Wednesday.

    Can Don Hydro Power lifts 3.2% 08 October, 2014 17:30 ICT

    10/08/2014

    VIETNAMESE DAILY STOCK REPORT

    Can Don Hydro Power Joint Stock Company (HOSE:SJD), Vietnam's 4th largest electric company by market cap, lifted VND1,000.0 (or 3.2%) to close at VND32,000.0. Compared with the VN Index which rose 0.5 points (or 0.08%) in the day, this represented a relative price increase of 3.1%. This has been propped up by robust volume of 2.0 times average. The stock advanced for a fifth consecutive day on Wednesday.

    Developer extends construction bidding for 38.12 Mati hydro complex in Albania

    10/08/2014

    Austria hydropower developer Enso Hydro has extended the deadline for bids to construct the three-plant, 38.12-MW Mati hydropower complex on the Mati River in Albania. Bids now are due October 31.

    China kicks off hydropower station construction in Tibet

    10/08/2014

    Located in Sichuan's Ganzi Tibetan autonomous prefecture, the 3GW hydropower station will have a total reservoir capacity of 10.8 billion cubic meters, reports Xinhua news agency.

    Sichuan Minjiang Hydropower - A Share keeps rising: up 6.6% in 4 days 08 October, 2014 15:30 CST

    10/08/2014

    CHINESE DAILY STOCK REPORT

    Sichuan Minjiang Hydropower Co., Ltd - A Share (SS:600131), Shanghai's 42nd largest energy company by market cap, extended its gains Wednesday, rising an additional 17.0 fen (or 3.1%) to close at CNY5.62. The shares have jumped 35.0 fen (or 6.6%) over the past four trading days. Compared with the SSE 180 Index which rose 85.3 points (or 1.61%) in the four days, this represented a relative price increase of 5.0%.

    BULLISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 1.2. Compared with the rest of the market the stock is undervalued.

    Wapda awards Rs14 billion project to 'barred' firm

    10/08/2014

    The Water and Power Development Authority (Wapda) has awarded the civil works contract for the 128-mega watts (MW) Keyal Khwar Hydropower Project to a joint venture (JV) of Sinohydro and Hajvairy Associates.

    Federal Hydro-Generating Company down 3.3% in 2 days 08 October, 2014 18:00 SAMT

    10/08/2014

    RUSSIAN DAILY STOCK REPORT

    Federal Hydro-Generating Company (MICEX:HYDR), Russia's largest electric company by market cap, extended its slide Wednesday, shedding an additional 1.29 Kopeck (or 1.9%) to close at 67.0 Kopeck. The shares have dropped 2.30 Kopeck (or 3.3%) over the past two trading days. Compared with the MICEX Index which fell 37.3 points (or 2.63%) in the two days, this represented a relative price change of -0.7%.

    BEARISH SIGNALS
    Fundamentals:
    + Total Liabilities/EBITDA of 5.9 which compares unfavourably with the Joseph Piotroski benchmark of 5.
    + Net profit margin has averaged 2.4% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

    Morning Alert: Can Don Hydro Power keeps rising: up 7.7% in 5 days 08 October 2014 10:55 ICT

    10/08/2014

    VIETNAMESE INTRA-DAY STOCK REPORT

    Can Don Hydro Power Joint Stock Company (HOSE:SJD) extended its gains Wednesday, rising an additional VND1,100.0 (or 3.5%) to trade at VND32,100.0. Trading volume has been 2.6 times average so far today. The shares have risen VND2,300.0 (or 7.7%) over the past five trading days vs. the VN Index which has risen 0.9% in the same period.

    Thac Ba Hydropower tumbles 7.0% on low volume 08 October, 2014 17:30 ICT

    10/08/2014

    VIETNAMESE DAILY STOCK REPORT

    Thac Ba Hydropower Joint Stock Company (HOSE:TBC), Vietnam's 3rd largest electric company by market cap, tumbled VND1,800.0 (or 7.0%) to close at VND24,000.0, ending a two-day streak of rises. Compared with the VN Index which rose 0.5 points (or 0.08%) in the day, this represented a relative price change of -7.1%. The volume was 0.2 times the average trading of 9,442 shares.

    BEARISH SIGNALS
    Fundamentals:
    + As per the Du Pont analysis, Return on Equity of 16.6% is lower than sector average of 19.6%. This is computed as net profit margin of 47.1% times asset turnover [sales/assets] of 0.34 times leverage factor [total assets/shareholders' equity] of 1.0.

    Spanish firm wins contract to build Bolivia's 200-MW Miguillas hydro project

    10/08/2014

    Bolivia utility Empresa Nacional de Electricidad (ENDE) has awarded a contract to Corsan Corviam of Spain to construct the two-plant, 200-MW Miguillas hydroelectric project in Bolivia's La Paz Department.

    Morning Alert: Thac Ba Hydropower hits 52-week high tenth time in one month 08 October 2014 10:55 ICT

    10/08/2014

    VIETNAMESE INTRA-DAY STOCK REPORT

    Thac Ba Hydropower Joint Stock Company (HOSE:TBC) hit a 52-week high of VND25,800.0 today for the tenth time in the past one month and last traded at VND25,800.0. Trading volume has been 7% of average so far today.

    Macedonia's Tikves water utility calls two tenders for new SHPPs

    10/08/2014

    SKOPJE (Macedonia), October 8 (SeeNews) - Macedonia's Tikves water utility said on Wednesday it has called tenders for two irrigation and small hydro power plant (SHPP) projects that will be developed in the country's south.

    Tanzania due to harness more hydroelectric power potential

    10/08/2014

    Tanzania's prospects of accessing more sources of hydro electric power look promising as several projects that have been thoroughly assessed and approved at international level could contribute over 2800MW to the national power grid once they are implemented.

    Morning Alert: Krasnoyarsk Hydro-Power Plant hits 52-week high second time in one month 08 October 2014 10:39 SAMT

    10/08/2014

    RUSSIAN INTRA-DAY STOCK REPORT

    Krasnoyarsk Hydro-Power Plant (MICEX:KRSG) hit a 52-week high of RUB120.0 today for the second time in the past one month and last traded at RUB104.10. Trading volume has been 1.8 times average so far today.

    To build a hydropower plant in Bolivia.

    10/08/2014

    Contract Awarded for building a hydropower plant in Bolivia under the EPC / turnkey modality.
    The project includes the construction, in the province of Inquisivi, of two hydropower substations that will have a generation capacity of over 200 MW.The first of them will be the Umapalca power station, which will offer a power output of 85 MW and an estimated annual production of 416 GWh. The second is the Palillada power station, which will have a power output of 120 MW and an estimated annual production of 598 GWh.

    SMALL HYDROPOWER DEVELOPMENT IN NEPAL

    10/08/2014

    DURING the Eighth Five Year Plan, the government of Nepal accorded high priority to the energy sector. Apart from the medium/mega hydropower projects, emphasis has also been laid on the development of small hydropower projects. Development of small hydropower is essential not only for reducing regional imbalances in development but also for arresting the migration of population from the hills to the Terai.

    Manitoba Hydro taps Voith to equip 695-MW hydro generating station

    10/08/2014

    Manitoba Hydro selected Voith Hydro to design, supply and install seven hydroelectric vertical propeller turbine generator units at the Keeyask generating station on the Nelson River in the northern part of Manitoba.

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