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    DateTimeEventApril 17, 201410:30Annual General MeetingApril 16, 201310:00Annual General MeetingApril 20, 201214:30Annual General Meeting

    Message from DG AJ&K PPC

    03/26/2015

    The Azad State of Jammu & Kashmir is blessed with over 6000MW of hydropower resources. The first major project developed in the sixties was the 1000MW Mangla dam and reservoir which is generating between 45 billion units (kWh) per annum and has a reservoir storage of 7.4MAF.

    Butwal Power increases 0.8% on low volume 26 March, 2015 15:00 NPT

    03/26/2015

    NEPALESE DAILY STOCK REPORT

    Butwal Power Co. Ltd. (NEPSE:BPCL), Nepal's 2nd largest Hydropower company by market cap, increased NPR5.0 (or 0.8%) to close at NPR595.0, ending a two-day streak of losses. Compared with the Nepse Index which fell 8.9 points (or 0.9%) in the day, this represented a relative price increase of 1.8%.

    Guangdong No.2 Hydropower Engineering - A Share announces AGM

    03/26/2015

    CHINESE DAILY STOCK REPORT

    Guangdong No.2 Hydropower Engineering - A Share has announced its Annual General Meeting will take place on April 15, 2015.

    Previous AGM:

    Thac Mo Hydro Power decreases 0.7% on below average volume 26 March, 2015 17:30 ICT

    03/26/2015

    VIETNAMESE DAILY STOCK REPORT

    Thac Mo Hydro Power Joint Stock Company (HOSE:TMP), Vietnam's 2nd largest Energy company by market cap, decreased VND200.0 (or 0.7%) from its last traded date of March 19, 2015 to close at VND28,000.0. Compared with the VN Index which fell 4.8 points (or 0.9%) in the day, this represented a relative price increase of 0.2%. The volume was 0.8 times the average trading of 4,743 shares.

    BEARISH SIGNALS
    Fundamentals:
    Overvaluation [compared with sector average]:
    + Price/Sales of 3.8 [0.4].
    + Price to Book of 2.1 [1.4].

    National Hydro Power accelerates decline: down 3.1% in 2 days 25 March, 2015 15:00 NPT

    03/26/2015

    NEPALESE DAILY STOCK REPORT

    National Hydro Power Co. (NEPSE:NHPC), Nepal's 3rd largest Hydropower company by market cap, decreased NPR4.0 (or 3.1%) over the past two trading days, after falling 1.6% on Tuesday and 1.6% on Wednesday to close at NPR125.0. Compared with the Nepse Index which fell 5.3 points (or 0.6%) in the two days, this represented a relative price change of -2.5%.

    Parliament okays $1.435 billion loan for Karuma

    03/26/2015

    The Executive on Tuesday got Parliament's approval to borrow $1.435 billion (Shs4.289 trillion) from the ExportImport (EXIM) Bank of China to finance the construction of Karuma Hydro Power Plant. This clears the way for financial close between the government of Uganda and the bank drawdown. EXIM bank will loan $789.3 million (Shs2.359 trillion) of the $1.435 billion at an interest rate of two per cent per annum.

    Krasnoyarsk Hydro-Power Plant in its biggest trailing week gain for 2 months 26 March, 2015 18:00 SAMT

    03/26/2015

    RUSSIAN DAILY STOCK REPORT

    Krasnoyarsk Hydro-Power Plant (MICEX:KRSG), Russia's 5th largest Electric company by market cap, increased RUB1.10 (or 1.5%) to close at RUB73.60. In the past week the shares have lifted 3.7%, the biggest trailing week gain since February 18. Compared with the MICEX Index which rose 12.2 points (or 0.8%) in the day, this represented a relative price increase of 0.8%.

    Vinh Son - Song Hinh Hydropower increases 0.8% on low volume 25 March, 2015 17:30 ICT

    03/26/2015

    VIETNAMESE DAILY STOCK REPORT

    Vinh Son - Song Hinh Hydropower Joint Stock Company (HOSE:VSH), Vietnam's 2nd largest Electric company by market cap, increased VND100.0 (or 0.8%) to close at VND13,200.0. Compared with the VN Index which fell 6.5 points (or 1.2%) in the day, this represented a relative price increase of 1.9%. The volume was 0.1 times the average trading of 487,122 shares.

    Morning Alert: Central Hydropower up 2.7% in 2 days 26 March 2015 10:53 ICT

    03/26/2015

    VIETNAMESE INTRA-DAY STOCK REPORT

    Central Hydropower Joint Stock Company (HNU:CHP) extended its gains Thursday, rising an additional VND300.0 (or 2.0%) to trade at VND15,000.0. The shares have risen VND400.0 (or 2.7%) over the past two trading days vs. the Vn index which has fallen 2.0% in the same period.

    Haitian Hydropower International tumbles 9.4% on robust volume 24 March, 2015 17:00 HKT

    03/26/2015

    HONG KONG DAILY STOCK REPORT

    Haitian Hydropower International Ltd. (HK:08261) tumbled 25.0c (or 9.4%) to close at HKD2.41, ending a three-day streak of rises. Compared with the Hang Seng Index which fell 94.9 points (or 0.4%) in the day, this represented a relative price change of -9.0%. This has been exacerbated by robust volume of 2.2 times average.

    BEARISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 8.3. Compared with the rest of the market the stock is overvalued and ranks in the bottom 2% of stocks by value of Q Ratio.
    + As per the Du Pont analysis, Return on Equity is less than stellar at 5.0%. This is computed as net profit margin of 20.0% times asset turnover [sales/assets] of 0.13 times leverage factor [total assets/shareholders' equity] of 1.9.

    Guangdong No.2 Hydropower Engineering - A Share: AGM-Online

    03/26/2015

    CHINESE DAILY STOCK REPORT

    The Company will hold the 2014 Annual General Meeting at 14:30 on 15 April 2015.

    Meeting agenda:

    1. 2014 work report of the board of directors

    2. 2014 work report of the supervisory committee

    3. 2014 annual report and its summary

    Nam Mu Hydropower increases 0.8% on weak volume 25 March, 2015 17:30 ICT

    03/26/2015

    VIETNAMESE DAILY STOCK REPORT

    Nam Mu Hydropower Joint Stock Company (HNX:HJS), Vietnam's 6th largest Electric company by market cap, increased VND100.0 (or 0.8%) to close at VND12,500.0. Compared with the VN Index which fell 6.5 points (or 1.2%) in the day, this represented a relative price increase of 2.0%. The volume was 0.5 times the average trading of 19,198 shares.

    BULLISH SIGNALS
    Fundamentals:
    + The P/E of 9 multiplied by the P/NTA of 1 is 9.2. Being less than the Benjamin Graham benchmark of 22.5 the stock appears undervalued.
    + 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.
    + Net profit margin has averaged 17.2% in the last 3 years. This is considered superior and suggests a high margin of safety.
    + The total dividend paid over the past 12 months was VND1,000.0 per share, comprising one dividend of VND1,000.0.

    Argentina governor seeks land rights for 637MW dam

    03/26/2015

    The governor of Argentina's Neuquén province, Jorge Sapag, submitted a bill to the local legislature to facilitate the expropriation of land for the 637MW Chihuido I hydro project.

    Parliament okays $1.435 billion loan for Karuma

    03/26/2015

    The Executive on Tuesday got Parliament's approval to borrow $1.435 billion (Shs4.289 trillion) from the ExportImport (EXIM) Bank of China to finance the construction of Karuma Hydro Power Plant. This clears the way for financial close between the government of Uganda and the bank drawdown. EXIM bank will loan $789.3 million (Shs2.359 trillion) of the $1.435 billion at an interest rate of two per cent per annum.

    Water and Power Development Authority to submit $795.8 million PC-1 of Tarbela 5th Extension Project to Ministry of Water and Power for approval - Press Note issued by Water and Power Development Authority

    03/26/2015

    March 25, 2015 (PPI-OT)

    Following is the text of press note issued by Water and Power Development Authority (WAPDA)

    Quote

    In a significant development towards implementation of the 1410-MW Tarbela 5th Extension Hydropower Project, the Pakistan Water and Power Development Authority (WAPDA) has decided to submit PC-I of the project amounting to US$ 795.8 million to the Ministry of Water and Power for approval of the Planning Commission.

    Thac Mo Hydro Power decreases 0.7% on below average volume 26 March, 2015 17:30 ICT

    03/26/2015

    VIETNAMESE DAILY STOCK REPORT

    Thac Mo Hydro Power Joint Stock Company (HOSE:TMP), Vietnam's 2nd largest Energy company by market cap, decreased VND200.0 (or 0.7%) from its last traded date of March 19, 2015 to close at VND28,000.0. Compared with the VN Index which fell 4.8 points (or 0.9%) in the day, this represented a relative price increase of 0.2%. The volume was 0.8 times the average trading of 4,743 shares.

    BEARISH SIGNALS
    Fundamentals:
    Overvaluation [compared with sector average]:
    + Price/Sales of 3.8 [0.4].
    + Price to Book of 2.1 [1.4].

    Oakville and Burlington residents warned to beware of hydro scam

    03/26/2015

    Halton police are warning residents not to be fooled by a hydro scam currently making the rounds in Oakville and Burlington.

    So far this week, anonymous callers have targeted five small businesses - four in Oakville and one in Burlington - claiming to be representatives from Oakville Hydro or Burlington Hydro and seeking past due bill payments.

    Thac Ba Hydropower hits two-month high 25 March, 2015 17:30 ICT

    03/26/2015

    VIETNAMESE DAILY STOCK REPORT

    Thac Ba Hydropower Joint Stock Company (HOSE:TBC), Vietnam's 3rd largest Electric company by market cap, traded at its 62-day high of VND26,500.0. The stock price increased VND500.0 (or 1.9%) to close at VND26,500.0. Compared with the VN Index which fell 6.5 points (or 1.2%) in the day, this represented a relative price increase of 3.1%. The volume was 0.01 times the average trading of 10,917 shares.

    Serbian Government Grants Reservoir Energy Permits for Brodarevo Hydroelectric Projects

    03/26/2015

    Reservoir Capital Corp., (Reservoir or the Company) is pleased to report that the Ministry of Mining and Energy of the Republic of Serbia, has granted new Energy Permits for the Companys Brodarevo 1 and Brodarevo 2 hydroelectric projects on the Lim River in southwest Serbia. The permits are valid for a period of three years and may be renewed for an additional year under certain circumstances.

    Indsil Hydro Power & Manganese rises for a third consecutive day, a three-day rise of 5.5% 26 March, 2015 15:30 IST

    03/26/2015

    INDIAN DAILY STOCK REPORT

    Indsil Hydro Power & Manganese Ltd. (BSE:522165), India's 46th largest Iron & Steel/Intermediate Products company by market cap, rose Rs0.35 (or 0.9%) for a third consecutive day on Thursday bringing its three-day rise to Rs2.0 or 5.5%. The stock last traded at Rs38.35. Compared with the BSE Sensex Index which fell 734.4 points (or 2.61%) in the three days, this represented a relative price increase of 8.1%. The volume was 0.3 times the average trading of 17,291 shares.

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