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    QtrNet Profit MarginMar 1437.5Dec 1333.4

    YearRevenue GrowthDec 1319.4Dec 1212.1Dec 112.4

    Nam Mu Hydropower Joint Sock Company rises on high volatility 07 July, 2014 17:30 ICT

    07/07/2014

    VIETNAMESE DAILY STOCK REPORT

    Nam Mu Hydropower Joint Sock Company (HNX:HJS), Vietnam's 7th largest electric company by market cap, traded between an intraday low of VND10,300.0 and a high of VND10,500.0. The average daily volatility of 1.7% places the stock in the 4th quartile in the market meaning it is least volatile. The stock price increased VND100.0 (or 1.0%) to close at VND10,400.0. Compared with the VN Index which rose 3.3 points (or 0.6%) in the day, this represented a relative price increase of 0.4%.

    BULLISH SIGNALS
    Fundamentals:
    Undervaluation [compared with sector average]:
    + Dividend yield of 9.6% [3.4%].

    Ghana's VRA delegation visits power plant

    07/07/2014

    Bhopal, July 8 -- A Government of Ghana company Volta River Authority (VRA), whose core business is to generate and supply electrical energy, deputed a 6-member delegation to India to have a glimpse of BHEL's engineering and manufacturing capabilities in Hydro sector and also some hydro power plant installations operating with BHEL supplied equipment.

    Naloi Hydropower decreases, 3 days' volume in a day 07 July, 2014 17:30 ICT

    07/07/2014

    VIETNAMESE DAILY STOCK REPORT

    Naloi Hydropower (HNX:NLC), Vietnam's 8th largest electric company by market cap, decreased VND100.0 (or 0.3%) to close at VND28,500.0. This has been exacerbated by robust volume of 2.6 times average. Compared with the VN Index which rose 3.3 points (or 0.6%) in the day, this represented a relative price change of -0.9%.

    Massive Mekong dams taking a toll on local communities

    07/07/2014

    As the "battery of Asean" powers up, those living in the vast shadow #124of hydropower projects find their rights are being dimmed

    David JH Blake

    Special to The Nation

    In 1998, a large hydropower project was completed in central Laos that diverted water from one Mekong tributary – the Nam Theun-Kading – through a tunnel down an escarpment, from where it flowed rapidly down into the Nam Hinboun river to eventually rejoin the Mekong opposite Nakhon Phanom province. The 210-megawatt capacity Theun-Hinboun Hydropower Project (THHP) was part-financed by the Asian Development Bank (ADB), alongside loans and development assistance from the Norwegian and Swedish governments, who portrayed it as a means to reduce poverty in Laos. Sixty per cent of the Theun-Hinboun Power Company (THPC) formed to build, operate and own the THHP was owned by the Laos government, while the remaining 40 per cent was split equally between Norwegian state utility Statkraft and Thai company GMS Power. At the time it was built, the ADB claimed it would be a "win-win" project, due to its high economic benefits and ability to reduce national poverty on one hand, and minimal social and environmental impacts on the other, making it an exemplary project of its kind.

    Thac Ba Hydropower in its biggest trailing week gain for 3 months 07 July, 2014 17:30 ICT

    07/07/2014

    VIETNAMESE DAILY STOCK REPORT

    Thac Ba Hydropower Joint Stock Company (HOSE:TBC), Vietnam's 4th largest electric company by market cap, increased VND100.0 (or 0.5%) to close at VND20,900.0. In the past week the shares have climbed 4.5%, the biggest trailing week gain since April 25. Compared with the VN Index which rose 3.3 points (or 0.6%) in the day, this represented a relative price change of -0.1%.

    BULLISH SIGNALS
    Fundamentals:
    + The total dividend paid over the past 12 months was VND1,700.0 per share, comprising one dividend of VND1,700.0.
    + Net Profit margin is positive and has seen consecutive rises in recent quarters. [Quarter ended, all figures in %]

    Arun Valley Hydropower Development drops 3.8% - trailing 99% of stocks 07 July, 2014 15:00 NPT

    07/07/2014

    NEPALESE DAILY STOCK REPORT

    Arun Valley Hydropower Development Company Limited (NEPSE:AHPC), Nepal's 4th largest hydropower company by market cap, dropped NPR21.0 (or 3.8%) to close at NPR537.0, ending a five-day streak of rises. In the Nepalese market of 93 stocks traded today, the stock has a 6-month relative price strength of 1 indicating it is trailing 99% of the market. Compared with the Nepse Index which rose 12.4 points (or 1.3%) in the day, this represented a relative price change of -5.0%.

    Chilime Hydro Power increases 0.8%, jumps 6.8% for week 07 July, 2014 15:00 NPT

    07/07/2014

    NEPALESE DAILY STOCK REPORT

    Chilime Hydro power Co. (NEPSE:CHCL), Nepal's largest hydropower company by market cap, increased NPR21.0 (or 0.8%) to close at NPR2,661.0. The stock jumped 6.8% in the past week. Compared with the Nepse Index which rose 12.4 points (or 1.3%) in the day, this represented a relative price change of -0.5%.

    F L C Hydro Power drops 3.8% on high volatility 07 July, 2014 03:30 IST

    07/07/2014

    SRI LANKAN DAILY STOCK REPORT

    F L C Hydro Power PLC (CSE:HPFL) traded between an intraday low of LKR5.0 and a high of LKR5.20, suggesting a trading opportunity between peaks and troughs. The average daily volatility of 4.0% places the stock in the 1st quartile in the market meaning it is highly volatile. The stock price dropped 20.0c (or 3.8%) to close at LKR5.10, ending a three-day streak of rises. Compared with the All Share Price Index which rose 7.0 points (or 0.1%) in the day, this represented a relative price change of -3.9%.

    Guangdong No.2 Hydropower Engineering - A Share keeps rising: up 7.5% in 4 days 07 July, 2014 15:30 CST

    07/07/2014

    CHINESE DAILY STOCK REPORT

    Guangdong No.2 Hydropower Engineering Co - A Share (SZ:002060), Shenzhen's 35th largest energy company by market cap, extended its gains Monday, rising an additional 12.0 fen (or 2.4%) to close at CNY5.17. The shares have jumped 36.0 fen (or 7.5%) over the past four trading days. Compared with the SZSE 100 Index which rose 4.6 points (or 0.16%) in the four days, this represented a relative price increase of 7.3%.

    BULLISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.3. Compared with the rest of the market the stock is undervalued and ranks in the top 4% of stock by value of Q Ratio.
    + The total dividend paid over the past 12 months is up 50.0% to 3.0 fen per share, comprising one dividend of 3.0 fen.
    + Revenue growth rate is positive and has seen consecutive rises in recent years. [Year ended, all figures in %]

    Stalled Assam project: Power ministry to meet stakeholders

    07/07/2014

    New Delhi, July 6 -- The power ministry will soon convene a meeting of stakeholders in Assam's Subansiri hydropower project, an official statement said.

    China Hydroelectric hits three-year high on firm volume 07 July, 2014

    07/07/2014

    DAILY ADR AND DEPOSITORY RECEIPT REPORT

    Sponsored China Hydroelectric (N:CHC), the ADR market's 26th largest electrical company by market cap, traded at its thirty-six-month high of US$3.47. The ADR price increased 1.0c (or 0.3%) from its last traded date of July 03, 2014 to close at US$3.45. Compared with the Bank of New York Mellon Composite ADR Index which fell 1.3 points (or 0.8%) in the day, this represented a relative price increase of 1.1%. This has been propped up by firm volume of 1.3 times average.

    Naloi Hydropower appoints Director

    07/07/2014

    VIETNAMESE DAILY STOCK REPORT

    Naloi Hydropower has appointed Bui Xuan Tuan as a Director. The effective date is June 28, 2014.

    National Hydro Power jumps 7.0% 07 July, 2014 15:00 NPT

    07/07/2014

    NEPALESE DAILY STOCK REPORT

    National Hydro Power Co. (NEPSE:NHPC), Nepal's 3rd largest hydropower company by market cap, jumped NPR14.0 (or 7.0%) to close at NPR214.0. Compared with the Nepse Index which rose 12.4 points (or 1.3%) in the day, this represented a relative price increase of 5.7%. Trading volume was 4.4 times average. The stock rose for a third day on Monday bringing its three-day rise to NPR21.0 or 10.9%.

    6 construction workers injured

    07/06/2014

    POKHARA, July 6 -- At least six workers, including one Chinese national, have sustained injuries while digging a tunnel at the Upper Modi Khola Hydropower project in Kaski district on Sunday.Three of the injured are receiving medical treatment at Manipal Teaching Hospital while the rest have returned home after receiving primary medical attention.

    PTA high on agenda during upcoming talks with Modi, Swaraj: Officials

    07/06/2014

    KATHMANDU, July 6 -- Power Trade Agreement (PTA) will be high on agenda during the upcoming talks with India's External Affairs Minister Sushma Swaraj and Prime Minister Narendra Modi, according to government officials.

    The energy trading agreement is said to open Nepal's energy market to the southern neighbor and also draw investment in the country's hydropower sector.

    Swaraj is visiting Nepal in the third week of July. Similarly, Modi is visiting Nepal in August.

    Exploitation and Development: PM's limited vocabulary in Kashmir

    07/06/2014

    Jammu, July 6 -- Inaugurating and dedicating the 240 megawatt Uri-II hydro power project near the Uri town in Baramulla district to the "nation", prime minister Narendra Modi on Friday said that Jammu and Kashmir has a huge "eco-friendly" hydropower potential and the central government would give all possible help to "exploit" it. Whether the few words he spoke during his one day visit to Jammu and Kashmir were chosen carefully or not, there is an element of truth here. No one in his right mind in Jammu and Kashmir would contest how the waters of the state have been "exploited" to suit the interests of those big business houses constructing a slew of hydroelectric projects and to serve the cause of the Indian "nation", while leaving the people of this state starved of their due share of electricity from these projects; a robbery legitmised through unjustifiably signed power sharing agreements between Jammu and Kashmir and the National Hydro-Electric Power Corporation (NHPC).

    National Hydro Power rises 1.0% on high volatility 06 July, 2014 15:00 NPT

    07/06/2014

    NEPALESE DAILY STOCK REPORT

    National Hydro Power Co. (NEPSE:NHPC), Nepal's 3rd largest hydropower company by market cap, traded between an intraday low of NPR196.0 and a high of NPR210.0. The price range has expanded in the last two days (from NPR8.0 two days ago to NPR14.0 today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 4.7% places the stock in the 1st quartile in the market meaning it is highly volatile. Today its volatility (highest price minus lowest price/lowest price) of 7.1% was 1.5 times the average daily volatility of 4.7%, up from 3.6% on Thursday and 4.2% on Wednesday. A price rise on high volatility is a bullish signal. The stock rose for a second day on Sunday bringing its two-day rise to NPR7.0 or 3.6%. The stock price increased NPR2.0 (or 1.0%) to close at NPR200.0. Compared with the Nepse Index which rose 8.2 points (or 0.8%) in the day, this represented a relative price increase of 0.2%.

    Kiru hydroelectric project likely to spell geological, environmental devastation in Doda, Kishtwar

    07/06/2014

    JAMMU, July 6 -- An environment impact assessment study of 660 MW Kiru Hydroelectric Project conducted by RS Envirolink Technologies Private Limited in association with University of Jammu has amplified fears of erstwhile District Doda being on the verge of a major geological and environmental devastation.

    The report, a copy of which is available with Early Times, has given an in-depth account of large scale destruction of flora and fauna in the areas surrounding proposed site for the construction of 660 MW Kiru Hydroelectric Project by Chenab Valley Power Projects Limited (CVPPL), a joint venture of JKSPDC, NHPC and Power Trading Corporation (PTC). According to the report, seismicity of area is such that it could be a source of major Kangra type earthquake.

    Arun Valley Hydropower Development jumps 6.1% 06 July, 2014 15:00 NPT

    07/06/2014

    NEPALESE DAILY STOCK REPORT

    Arun Valley Hydropower Development Company Limited (NEPSE:AHPC), Nepal's 4th largest hydropower company by market cap, jumped NPR32.0 (or 6.1%) to close at NPR558.0. Compared with the Nepse Index which rose 8.2 points (or 0.8%) in the day, this represented a relative price increase of 5.2%. Trading volume was 8.0 times average. The stock advanced for a fifth consecutive day on Sunday.

    Chilime Hydro Power falls for a second consecutive day, a two-day fall of 0.8% 06 July, 2014 15:00 NPT

    07/06/2014

    NEPALESE DAILY STOCK REPORT

    Chilime Hydro power Co. (NEPSE:CHCL), Nepal's largest hydropower company by market cap, fell NPR2.0 (or 0.1%) for a second consecutive day on Sunday bringing its two-day fall to NPR20.0 or 0.8%. The stock last traded at NPR2,640.0. Compared with the Nepse Index which rose 14.0 points (or 1.45%) in the two days, this represented a relative price change of -2.2%. Trading volume was 1.3 times average.

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