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    YearRevenue GrowthDec 1319.4Dec 1212.1Dec 112.4

    Haitian Hydropower International decreases 1.7%, 4 days' volume in a day post earnings release 18 November, 2014 17:00 HKT

    11/18/2014

    HONG KONG DAILY STOCK REPORT

    Haitian Hydropower International Ltd. (HK:08261), decreased 2.0c (or 1.7%) to close at HKD1.18. This has been exacerbated by high volume of 3.7 times average. Compared with the Hang Seng Index which fell 267.9 points (or 1.1%) in the day, this represented a relative price change of -0.5%. Haitian Hydropower International soared 28.3% in the 2 trading sessions after earnings were released.

    BEARISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 4. Compared with the rest of the market the stock is overvalued and ranks in the bottom 8% 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.

    Federal Hydro-Generating Company drops on high volatility 18 November, 2014 18:00 SAMT

    11/18/2014

    RUSSIAN DAILY STOCK REPORT

    Federal Hydro-Generating Company (MICEX:HYDR), Russia's largest electric company by market cap, traded between an intraday low of 67.64 Kopeck and a high of 69.0 Kopeck, suggesting a trading opportunity between peaks and troughs. The average daily volatility of 3.0% places the stock in the 3rd quartile in the market meaning it is mildly volatile. Today its volatility (highest price minus lowest price/lowest price) of 2.0% was 0.7 times the average daily volatility of 3.0%, up from 1.4% on Monday and 1.4% on Friday. The stock fell for a second day on Tuesday bringing its two-day fall to 0.51 Kopeck or 0.7%. The stock price decreased 0.28 Kopeck (or 0.4%) to close at 68.15 Kopeck. Compared with the MICEX Index which rose 9.2 points (or 0.6%) in the day, this represented a relative price change of -1.0%.

    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.

    Guangdong No.2 Hydropower Engineering - A Share increases 0.6% on weak volume 18 November, 2014 15:30 CST

    11/18/2014

    CHINESE DAILY STOCK REPORT

    Guangdong No.2 Hydropower Engineering Co - A Share (SZ:002060), Shenzhen's 30th largest energy company by market cap, increased 4.0 fen (or 0.6%) to close at CNY7.09, ending a two-day streak of losses. Compared with the SZSE 100 Index which fell 16.2 points (or 0.5%) in the day, this represented a relative price increase of 1.0%. The volume was 0.7 times the average trading of 10.8 million shares.

    BULLISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.4. Compared with the rest of the market the stock is undervalued and ranks in the top 5% of stock by value of Q Ratio.
    + Revenue growth rate is positive and has seen consecutive rises in recent years. [Year ended, all figures in %]

    Bulgaria co gets regulatory nod to acquire, operate Zhrebchevo HPP

    11/18/2014

    SOFIA (Bulgaria), November 18 (SeeNews) - Bulgarian company Kid 2228 has received regulatory approval to acquire, by the end of the year, the assets of hydropower plant (HPP) Zhrebchevo for 7.5 million euro ($9.4 million) with a mortgage on the assets, the energy regulator said.

    IHA introduces Mosonyi Award 2015, calls for proposals

    11/18/2014

    The International Hydropower Association has launched the Mosonyi Award for excellence in hydropower to recognise outstanding contributions to the sector, and is now accepting candidate proposals.

    Named after Emil Mosonyi, the founding president of IHA, the Mosonyi Award 2015 recognises individual contributions related to:

    Recipients of the Mosonyi Award will be made honorary IHA members, and invited to the 2015 World Hydropower Congress in Beijing (registration fees will be waived), where the award will be presented.

    To propose a candidate for the Mosonyi Award, or to find out more, please visit the IHA website. Deadline for candidate proposals is Friday 19 December 2014.

     

     

    Sichuan Hydropower Investment and Management Group to issue RMB 500 mln 365D bil

    11/18/2014

    Sichuan Hydropower Investment and Management Group to issue RMB 500 mln 365D bills Nov. 18

    Sichuan Hydropower Investment and Management Group Co. of China announced Tuesday that it would issue 300 million yuan worth of 270-day bills on November 18.

    Guangdong Meiyan Jixiang Hydropower in its biggest trailing week gain for 3 weeks 18 November, 2014 15:30 CST

    11/18/2014

    CHINESE DAILY STOCK REPORT

    Guangdong Meiyan Jixiang Hydropower Co., Ltd. (SS:600868), Shanghai's 11th largest engineering & construction company by market cap, increased 4.0 fen (or 1.3%) to close at CNY3.20. In the past week the shares have lifted 3.9%, the biggest trailing week gain since November 03. Compared with the SSE 180 Index which fell 66.8 points (or 1.2%) in the day, this represented a relative price increase of 2.5%.

    BULLISH SIGNALS
    Fundamentals:
    + The total dividend paid over the past 12 months was 0.50 fen per share, comprising one dividend of 0.50 fen.

    Alstom Hydro France Files Patent Application for Air Cooled Generator

    11/18/2014

    New Delhi, Nov. 18 -- France based Alstom Hydro France filed patent application for air cooled generator. The inventors are Baumeister Stefan, Frutiger Simon Andreas and Jordan Benjamin.

    KIUC wins pumped hydro energy storage project approval in US

    11/18/2014

    Kauai Island Utility Cooperative (KIUC) in the US has secured approval from the Hawaii state Board of Land and Natural Resources for a pumped hydro energy storage project.

    Mason Graphite Announces Positive Trade-Off Study Results With Opportunity to Lower CAPEX by Up to 8% and Lower OPEX by Up to 20%

    11/18/2014

    Mason Graphite Inc. ("Mason Graphite" or the "Company") (TSX VENTURE:LLG)(OTCQX:MGPHF) is pleased to announce the preliminary results from a location trade-off study for its Lac Gueret project in Quebec that are expected to optimize the upcoming Feasibility Study with a new proposed concentrator site in the area of Baie-Comeau. The alternate location provides opportunities for the Company to reduce capital and operating costs and improve operational efficiencies. The study was conducted in the third quarter of 2014 by the engineering firm Hatch Ltd. Additional trade-off studies have also been initiated with the aim of further optimizing the project.

    Results of the preliminary analysis indicate that relocating the concentrator facility in the vicinity of Baie-Comeau city should represent economic and operational advantages, including: low-cost hydroelectric power, improved access to labour and other managerial and operational efficiencies which, together, should contribute to a reduction in both the project's estimated capital expenditures (CAPEX) and operating costs (OPEX). It is expected that the additional costs incurred to truck the ore from the deposit to the new plant location in Baie-Comeau would be more than offset by the resultant savings. The new plant location is also expected to lead to a reduction in greenhouse gas emissions.

    JSW Energy to buy 2 Jaiprakash hydropower units in Himachal for Rs9,700 crore

    11/18/2014

    Sajjan Jindal Group company JSW Energy is acquiring two hydro-electric projects from Jaiprakash Power Ventures in Himachal Pradesh for about Rs9,700 crore.

    Guangdong Meiyan Jixiang Hydropower in its biggest trailing week gain for 3 weeks 18 November, 2014 15:30 CST

    11/18/2014

    CHINESE DAILY STOCK REPORT

    Guangdong Meiyan Jixiang Hydropower Co., Ltd. (SS:600868), Shanghai's 11th largest engineering & construction company by market cap, increased 4.0 fen (or 1.3%) to close at CNY3.20. In the past week the shares have lifted 3.9%, the biggest trailing week gain since November 03. Compared with the SSE 180 Index which fell 66.8 points (or 1.2%) in the day, this represented a relative price increase of 2.5%.

    BULLISH SIGNALS
    Fundamentals:
    + The total dividend paid over the past 12 months was 0.50 fen per share, comprising one dividend of 0.50 fen.

    Krasnoyarsk Hydro-Power Plant increases 1.2% - outperforming 95% of stocks 18 November, 2014 18:00 SAMT

    11/18/2014

    RUSSIAN DAILY STOCK REPORT

    Krasnoyarsk Hydro-Power Plant (MICEX:KRSG), Russia's 7th largest electric company by market cap, increased RUB1.0 (or 1.2%) to close at RUB82.0. In the Russian market of 160 stocks traded today, the stock has a 6-month relative price strength of 95 which means it is outperforming 95% of the market. A price rise combined with a high relative strength is a bullish signal. Compared with the MICEX Index which rose 9.2 points (or 0.6%) in the day, this represented a relative price increase of 0.6%.

    JSW Energy signs deal to buy Jaypee's hydro power assets for $1.57B

    11/18/2014

    Sajjan Jindal-led JSW Energy has agreed to acquire two of the three hydroelectric projects of Jaiprakash Power Ventures Ltd (JPVL) in Himachal Pradesh at an enterprise value of about Rs 9,700 crore (approximately $1.57 billion), in one of the biggest infrastructure M&A deals in the country to date.

    Nam Mu Hydropower hits nine-month high on average volume 18 November, 2014 17:30 ICT

    11/18/2014

    VIETNAMESE DAILY STOCK REPORT

    Nam Mu Hydropower Joint Stock Company (HNX:HJS), Vietnam's 7th largest electric company by market cap, traded at its 250-day high of VND11,700.0. The stock price lifted VND300.0 (or 2.7%) to close at VND11,600.0. Compared with the VN Index which fell 4.2 points (or 0.7%) in the day, this represented a relative price increase of 3.4%. The volume of 29,612 shares was close to average trading.

    BULLISH SIGNALS
    Fundamentals:
    + The P/E of 8.3 multiplied by the P/NTA of 0.9 is 7.8. 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.

    JSW Energy agrees to acquire 2 hydro electric projects from Jaiprakash Power Ventures Limited

    11/18/2014

    JSW Energy Ltd has agreed to acquire from Jaiprakash Power Ventures Limited and other shareholders, 100% stake in Himachal Baspa Power Company Limited for a base Enterprise Value of approximately Rs. 9,700 crores, subject to mutually agreed adjustments.

    JSW Energy buys two hydro plants from Jaiprakash Power

    11/18/2014

    JSW Energy has acquired the 300MW Baspa II and the 1091MW Karcham Wangtoo hydroelectric plants in India's Himachal Pradesh from Jaiprakash Power Ventures, a wholly-owned subsidiary of the Jaypee Group.

    National Hydro Power lifts 2.6% after finding support 18 November, 2014 15:00 NPT

    11/18/2014

    NEPALESE DAILY STOCK REPORT

    National Hydro Power Co. (NEPSE:NHPC), Nepal's 3rd largest hydropower company by market cap, lifted 2.6% after hitting the lower Bollinger Band three times in the last ten days. This is a bullish signal. The lower Bollinger Band marks the trajectory of support on a stock price. Compared with the Nepse Index which fell 4.5 points (or 0.5%) in the day, this represented a relative price increase of 3.1%.

    Jaiprakash Power Ventures gains on inking agreement for sale of HBPCL; The company has inked agreement with JSW Energy for sale of 300 MW Baspa-II Hydro-Electric Plant and 1091 MW Karcham Wangtoo Hydro-Electric Plant

    11/17/2014

    The company has inked agreement with JSW Energy for sale of 300 MW Baspa-II Hydro-Electric Plant and 1091 MW Karcham Wangtoo Hydro-Electric Plant

    Jaiprakash Power Ventures is currently trading at Rs. 14.78, up by 0.41 points or 2.85% from its previous closing of Rs. 14.37 on the BSE.

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