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    YearRevenue GrowthDec 13-6.3Dec 1230Dec 1132.6

    YearRevenue GrowthDec 13-6.3Dec 1230Dec 1132.6

    Price Change %1-week3-monthsIndsil Hydro Power & Manganese-2.69%-11.98%Iron & steel/intermediate products-2.5%-12.34%Sensex-0.04%1.83%

    Price Change %1-month6-month3-yearSJD2.6%Electric-4.01%11.06%117.48%VN Index2.28%-7.25%40.4%

    Bullish Signals
    Can Don Hydro Power vs Electric sector [Electric sector Average in Brackets]
    - Better than Sector Average: Return on Assets of 13.0% [10.5%], rank 76 out of 674.

    YearNet Profit MarginEBIT MarginDec 132057.2Dec 125.745.3

    YearNet Profit MarginEBIT MarginDec 132057.2Dec 125.745.3

    Yalong River Hydropower Finances CNY53.54bn

    02/27/2015

    SHANGHAI, February 27, SinoCast -- Yalong River Hydropower Development has launched a long-term CNY 53.54 billion financing program, and the capital will be used to build Lianghekou hydropower station. The hydropower station is located in Ganzi county, Sichuan province.

    China Construction Bank and Industrial and Commercial Bank of China are joint lead arrangers, which will provide CNY 20.14 billion and CNY 13.25 billion respectively.

    The financing agreement was signed on February 13. The Lianghekou hydropower station, with an estimated investment of CNY 66.46 billion, has an installed capacity of 3 million kilowatts and is scheduled to come into operation in 2021.

    Thac Ba Hydropower drops to 22-day low on high volume 27 February, 2015 17:30 ICT

    02/27/2015

    VIETNAMESE DAILY STOCK REPORT

    Thac Ba Hydropower Joint Stock Company (HOSE:TBC), Vietnam's 3rd largest electric company by market cap, traded at its 22-day low of VND25,500.0. The stock price decreased VND500.0 (or 1.9%) to close at VND25,500.0. Compared with the VN Index which fell 3.8 points (or 0.6%) in the day, this represented a relative price change of -1.3%. This has been exacerbated by high volume of 4.7 times average.

    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.

    Nam Mu Hydropower drops 1.7% on high volatility 27 February, 2015 17:30 ICT

    02/27/2015

    VIETNAMESE DAILY STOCK REPORT

    Nam Mu Hydropower Joint Stock Company (HNX:HJS), Vietnam's 7th largest electric company by market cap, traded between an intraday low of VND11,800.0 and a high of VND12,000.0, suggesting a trading opportunity between peaks and troughs. The average daily volatility of 1.8% places the stock in the 4th quartile in the market meaning it is least volatile. The stock price decreased VND200.0 (or 1.7%) to close at VND11,800.0. Compared with the VN Index which fell 3.8 points (or 0.6%) in the day, this represented a relative price change of -1.0%.

    BEARISH SIGNALS
    Fundamentals:
    + As per the Du Pont analysis, Return on Equity of 11.3% is lower than sector average of 19.6%. This is computed as net profit margin of 15.9% times asset turnover [sales/assets] of 0.21 times leverage factor [total assets/shareholders' equity] of 3.4.
    + Revenue growth rate has shown signs of deterioration in recent years. [Year ended, all figures in %]

    Pakistan: 69.5 per cent work completed on 969 MW Neelum-Jehlum Power Project

    02/27/2015

    ISLAMABAD, Feb. 27 -- Around 69.5 per cent work has already been

    completed on the ongoing 969MW Neelum-Jhelum Hydropower Project (NJHP) and all out efforts are being made to complete in its schedule time 2016.

    Pakistan: All resources being utilized to generate hydro power: Mir

    02/27/2015

    ISLAMABAD, Feb. 27 -- Caretaker Chief Minister Gilgit Baltistan

    Sher Jehan Mir says government is well aware about the energy crises and

    Nam Mu Hydropower drops 1.7% on high volatility 27 February, 2015 17:30 ICT

    02/27/2015

    VIETNAMESE DAILY STOCK REPORT

    Nam Mu Hydropower Joint Stock Company (HNX:HJS), Vietnam's 7th largest electric company by market cap, traded between an intraday low of VND11,800.0 and a high of VND12,000.0, suggesting a trading opportunity between peaks and troughs. The average daily volatility of 1.8% places the stock in the 4th quartile in the market meaning it is least volatile. The stock price decreased VND200.0 (or 1.7%) to close at VND11,800.0. Compared with the VN Index which fell 3.8 points (or 0.6%) in the day, this represented a relative price change of -1.0%.

    BEARISH SIGNALS
    Fundamentals:
    + As per the Du Pont analysis, Return on Equity of 11.3% is lower than sector average of 19.6%. This is computed as net profit margin of 15.9% times asset turnover [sales/assets] of 0.21 times leverage factor [total assets/shareholders' equity] of 3.4.
    + Revenue growth rate has shown signs of deterioration in recent years. [Year ended, all figures in %]

    Weekly: Indsil Hydro Power & Manganese drops 2.7% on weak volume

    02/27/2015

    INDIAN WEEKLY STOCK REPORT

    Indsil Hydro Power & Manganese Ltd. (BSE:522165), India's 45th largest iron & steel/intermediate products company by market cap, dropped Rs1.25 (or 2.7%) in the trailing week to close at Rs45.25, ending a three-week streak of rises. Compared with the BSE Sensex Index which fell 11.3 points (or 0.04%) in the week, this represented a relative price change of -2.6%. The volume was 0.5 times average trading per week of 84,770 shares. In the past week the market cap has declined Rs19.9 million.

    Downstream Work Prepares for RRHP Powerhouse Construction

    02/27/2015

    The U.S. Army Corps of Engineers Rock Island District issued the following news release:

    Construction continues at the Red Rock Dam where Missouri River Energy Services (MRES) will construct a new hydroelectric power plant. Much of the construction work being done is in preparation for construction of the powerhouse, which is expected to begin in summer 2015.

    Downstream Work Prepares for RRHP Powerhouse Construction

    02/27/2015

    The U.S. Army Corps of Engineers Rock Island District issued the following news release:

    Construction continues at the Red Rock Dam where Missouri River Energy Services (MRES) will construct a new hydroelectric power plant. Much of the construction work being done is in preparation for construction of the powerhouse, which is expected to begin in summer 2015.

    Ind-Ra Assigns AD Hydro Power's NCD Final 'IND A-(SO)' Ratings

    02/27/2015

    India, Feb. 27 -- India Ratings & Research (Ind-Ra) has assigned AD Hydro Power Limited's (ADPHL) Rs. 1.31 billion non-convertible debentures (NCDs) a final rating of 'IND A-(SO)'. Simultaneously, the agency has also affirmed the company's Long-Term Issuer Rating at 'IND BBB'. The Outlook is Stable.

    Yalong River Hydropower Finances CNY53.54bn

    02/27/2015

    SHANGHAI, February 27, SinoCast -- Yalong River Hydropower Development has launched a long-term CNY 53.54 billion financing program, and the capital will be used to build Lianghekou hydropower station. The hydropower station is located in Ganzi county, Sichuan province.

    China Construction Bank and Industrial and Commercial Bank of China are joint lead arrangers, which will provide CNY 20.14 billion and CNY 13.25 billion respectively.

    The financing agreement was signed on February 13. The Lianghekou hydropower station, with an estimated investment of CNY 66.46 billion, has an installed capacity of 3 million kilowatts and is scheduled to come into operation in 2021.

    Brazil: AES Brasil to have R$680mil impact with drought

    02/27/2015

    Statkraft to buy majority stake in Chilean hydropower firm

    02/27/2015

    The acquisition of the majority stake will trigger a mandatory offer to all shareholders.

    The transaction requires Statkraft to acquire about 75% of the shares.

    Ind-Ra Assigns AD Hydro Power's NCD Final 'IND A-(SO)' Ratings

    02/27/2015

    India, Feb. 27 -- India Ratings & Research (Ind-Ra) has assigned AD Hydro Power Limited's (ADPHL) Rs. 1.31 billion non-convertible debentures (NCDs) a final rating of 'IND A-(SO)'. Simultaneously, the agency has also affirmed the company's Long-Term Issuer Rating at 'IND BBB'. The Outlook is Stable.

    Morning Alert: F L C Hydro Power lifts 2.8% - outperforming 98% of stocks 27 February 2015 11:10 IST

    02/27/2015

    SRI LANKAN INTRA-DAY STOCK REPORT

    F L C Hydro Power PLC (CSE:HPFL) lifted 20.0c (or 2.8%) today to trade at LKR7.40 and has outperformed 98% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

    Month to February 27: Can Don Hydro Power adds VND36.8 billion in MCap in February, highest in Electric sector

    02/27/2015

    VIETNAMESE MONTHLY STOCK REPORT

    Can Don Hydro Power Joint Stock Company (HOSE:SJD), Vietnam's 4th largest electric company by market cap, increased VND800.0 (or 2.6%) in the month ended February 27 to close at VND31,000.0. This gain makes the stock the highest rising one in the Electric sector which is down 4.0%. The volume in the month was 0.3 times the average trading of 588,870 shares. Compared with the VN Index which rose 13.2 points (or 2.3%) in the month, this represented a relative price increase of 0.4%. In the past month the market cap has risen VND36.8 billion.

    Haitian Hydropower International jumps 6.8% on average volume 27 February, 2015 17:00 HKT

    02/27/2015

    HONG KONG DAILY STOCK REPORT

    Haitian Hydropower International Ltd. (HK:08261) jumped 10.0c (or 6.8%) to close at HKD1.58, ending a three-day streak of losses. Compared with the Hang Seng Index which fell 78.8 points (or 0.3%) in the day, this represented a relative price increase of 7.1%. The volume was 0.9 times the average trading of 658,619 shares.

    BULLISH SIGNALS
    Fundamentals:
    + Net profit margin has averaged 14.5% in the last 3 years. This is better than the sector average of 9.2% and suggests a high margin of safety.
    + Net Profit margin and EBIT margin are positive and have seen consecutive rises in recent years. [Year ended, all figures in %]

    Pakistan: 69.5 per cent work completed on 969 MW Neelum-Jehlum Power Project

    02/27/2015

    ISLAMABAD, Feb. 27 -- Around 69.5 per cent work has already been

    completed on the ongoing 969MW Neelum-Jhelum Hydropower Project (NJHP) and all out efforts are being made to complete in its schedule time 2016.

    Haitian Hydropower International jumps 6.8% on average volume 27 February, 2015 17:00 HKT

    02/27/2015

    HONG KONG DAILY STOCK REPORT

    Haitian Hydropower International Ltd. (HK:08261) jumped 10.0c (or 6.8%) to close at HKD1.58, ending a three-day streak of losses. Compared with the Hang Seng Index which fell 78.8 points (or 0.3%) in the day, this represented a relative price increase of 7.1%. The volume was 0.9 times the average trading of 658,619 shares.

    BULLISH SIGNALS
    Fundamentals:
    + Net profit margin has averaged 14.5% in the last 3 years. This is better than the sector average of 9.2% and suggests a high margin of safety.
    + Net Profit margin and EBIT margin are positive and have seen consecutive rises in recent years. [Year ended, all figures in %]

    All resources being utilized to generate hydro power: Mir

    02/27/2015

    Caretaker Chief Minister Gilgit Baltistan Sher Jehan Mir says government is well aware about the energy crises and all available resources are being utilized to generate hydro power.

    Talking to a delegation in Gilgit , he said that Prime Minister Mohammad Nawaz Sharif has sanctioned rupees one hundred and fifty million to generate thermal power to overcome its shortage,reported Radio Pakistan.

    Chief Minister said after release of the said amount the load shedding duration will be minimized.

    He said in the annual development programme, top priority has given to power sector and efforts are under way for timely completion of ongoing hydro power schemes.

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