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    Federal Hydro-Generating Company down 4.3% in 2 days 24 March, 2015 18:00 SAMT

    03/26/2015

    RUSSIAN DAILY STOCK REPORT

    Federal Hydro-Generating Company (MICEX:HYDR), Russia's 2nd largest Electric company by market cap, extended its slide Tuesday, shedding an additional 0.14 Kopeck (or 0.3%) to close at 52.48 Kopeck. The shares have sunk 2.35 Kopeck (or 4.3%) over the past two trading days. Compared with the MICEX Index which fell 13.0 points (or 0.8%) in the two days, this represented a relative price change of -3.5%.

    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.

    Technicals:
    Significant Downtrend:
    + The price plummeted 11.8% in the last month.
    + Compared with the MICEX Index which fell 8.1% for the month, this represented a relative price decrease for Federal Hydro-Generating Company stock of 3.8% for the month.
    + Falls to Rises: in the past month the number of falls outnumbered rises 13:7 or 1.9:1.

    Climate change and water pattern

    03/26/2015

    The economic life of Pakistan highly depends on the flow of the Indus River basin which supports large areas of irrigated agriculture and plays a significant role in generating hydel power for the country. The Indus River alone contributes more than half of the total surface flow and has a controlling storage at Tarbela Dam as the river comes down from the mountains.

    Tarbela was primarily designed for irrigation control, but it also has an installed hydropower capacity of 3700 MW providing roughly 13 per cent of Pakistan's annual power output. Inflow to Tarbela is measured at Besham, which has a mean annual flow of 2425 m3 /s (19692001), varying annually from 80 to 130 per cent from the mean flow. This represents considerable variation in the potential for irrigation and hydropower production.

    The world's freshwater resources are depleting day by day. Pakistan has also reached the critical limit of per capita water availability. Pakistan's storage capacity has reduced to 30 days per year which is well below the standard value of storage capacity. In Pakistan, the tensions are increasing daily on water distribution and allocation among provinces in the country.

    Chilime Hydro Power rises 0.9% from 14-day low 25 March, 2015 15:00 NPT

    03/26/2015

    NEPALESE DAILY STOCK REPORT

    Chilime Hydro power Co. (NEPSE:CHCL), Nepal's largest Hydropower company by market cap, was up 0.9% from its 14-day low of NPR1,580.0 on 25 March, 2015. Its Williams % R is -85.6 which suggests it is oversold, a bullish signal. The stock price increased NPR4.0 (or 0.3%) to close at NPR1,594.0. Compared with the Nepse Index which fell 2.6 points (or 0.3%) in the day, this represented a relative price increase of 0.5%.

    WAPDA to submit $ 795.8m Tarbela Extension Project

    03/26/2015

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

    Morning Alert: Krasnoyarsk Hydro-Power Plant decreases 0.5% - underperforming 90% of stocks 25 March 2015 11:38 SAMT

    03/26/2015

    RUSSIAN INTRA-DAY STOCK REPORT

    Krasnoyarsk Hydro-Power Plant (MICEX:KRSG) decreased 40.0 Kopeck (or 0.5%) today to trade at RUB73.20 and has underperformed 90% of the market in the past three months.

    Tata Power jumps on entering into SPA for acquisition of 50% stake in ITPC; ITPC is a special purpose vehicle which has been setup to build and operate a 120 MW hydro power plant in Zambia

    03/26/2015

    ITPC is a special purpose vehicle which has been setup to build and operate a 120 MW hydro power plant in Zambia

    Tata Power Company is currently trading at Rs. 77.90, up by 0.70 points or 0.91% from its previous closing of Rs. 77.20 on the BSE.

    WAPDA to submit $ 795.8m Tarbela Extension Project

    03/26/2015

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

    Tata Power jumps on entering into SPA for acquisition of 50% stake in ITPC; ITPC is a special purpose vehicle which has been setup to build and operate a 120 MW hydro power plant in Zambia

    03/26/2015

    ITPC is a special purpose vehicle which has been setup to build and operate a 120 MW hydro power plant in Zambia

    Tata Power Company is currently trading at Rs. 77.90, up by 0.70 points or 0.91% from its previous closing of Rs. 77.20 on the BSE.

    Wapda union pays a tribute to founding leader

    03/26/2015

    The services rendered by one of the founding leaders of trade union movement in the subcontinent, the late Bashir Ahmed Bakhtiar, were eulogised at a national general body meeting of the All Pakistan Wapda Hydro Electric Workers Union arranged outside the Labour Hall on Wednesday.

    Haitian Hydropower International sinks 5.3% 26 March, 2015 17:00 HKT

    03/26/2015

    HONG KONG DAILY STOCK REPORT

    Haitian Hydropower International Ltd. (HK:08261) sank 12.0c (or 5.3%) to close at HKD2.15. Compared with the Hang Seng Index which fell 50.4 points (or 0.2%) in the day, this represented a relative price change of -5.1%. This has been exacerbated by robust volume of 2.2 times average. The stock fell for a third day on Thursday bringing its three-day fall to 51.0c or 19.2%.

    BEARISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 7.4. Compared with the rest of the market the stock is overvalued and ranks in the bottom 3% 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.

    Alstom promotes qualification courses to customers in the hydro generation area

    03/26/2015

    France, March 26 -- Alstom, in order to refresh and conduct technical skills in hydro generation, offers its clients practical and theoretical courses. Classes can be conducted both at the company's unit in Taubate, at a specialized training center opened last year and which counts on excellent infrastructure, and also at external locations. The curriculum includes a program of Alstom itself, already structured, or can also be customized meeting the needs of customers. The course is provided by Alstom' experts in hydro services.

    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.

    BHEL wins order for Rammam Stage–III Hydro Electric Project in India

    03/26/2015

    Future Power Technology has issued following press release:

    Power equipment manufacturer Bharat Heavy Electricals (BHEL) has won a 120MW order for Rammam Stage-III Hydro Electric Project (HEP) in West Bengal, a state in India.

    Haitian Hydropower International sinks 5.3% 26 March, 2015 17:00 HKT

    03/26/2015

    HONG KONG DAILY STOCK REPORT

    Haitian Hydropower International Ltd. (HK:08261) sank 12.0c (or 5.3%) to close at HKD2.15. Compared with the Hang Seng Index which fell 50.4 points (or 0.2%) in the day, this represented a relative price change of -5.1%. This has been exacerbated by robust volume of 2.2 times average. The stock fell for a third day on Thursday bringing its three-day fall to 51.0c or 19.2%.

    BEARISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 7.4. Compared with the rest of the market the stock is overvalued and ranks in the bottom 3% 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.

    Arun Valley Hydropower Development increases 0.9% on low volume 25 March, 2015 15:00 NPT

    03/26/2015

    NEPALESE DAILY STOCK REPORT

    Arun Valley Hydropower Development Company Limited (NEPSE:AHPC), Nepal's 4th largest Hydropower company by market cap, increased NPR3.0 (or 0.9%) to close at NPR343.0, ending a three-day streak of losses. Compared with the Nepse Index which fell 2.6 points (or 0.3%) in the day, this represented a relative price increase of 1.2%. Trading volume was 74% lighter than average.

    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.

    Wapda union pays a tribute to founding leader

    03/26/2015

    The services rendered by one of the founding leaders of trade union movement in the subcontinent, the late Bashir Ahmed Bakhtiar, were eulogised at a national general body meeting of the All Pakistan Wapda Hydro Electric Workers Union arranged outside the Labour Hall on Wednesday.

    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.

    Wapda union pays a tribute to founding leader

    03/26/2015

    The services rendered by one of the founding leaders of trade union movement in the subcontinent, the late Bashir Ahmed Bakhtiar, were eulogised at a national general body meeting of the All Pakistan Wapda Hydro Electric Workers Union arranged outside the Labour Hall on Wednesday.

    Indsil Hydro Power & Manganese rises 5.4% from 14-day low 24 March, 2015 15:30 IST

    03/26/2015

    INDIAN DAILY STOCK REPORT

    Indsil Hydro Power & Manganese Ltd. (BSE:522165), India's 49th largest Iron & Steel/Intermediate Products company by market cap, was up 5.4% from its 14-day low of Rs35.25 on 24 March, 2015. Its Williams % R is -84.4 which suggests it is oversold, a bullish signal. Its Relative Strength Index [RSI] is 14.1. An RSI reading of between 0 and 30 suggests the stock is close to its 14-day low. This suggests the stock is oversold; another bullish signal. The stock price lifted Rs0.80 (or 2.2%) to close at Rs37.15, ending a five-day streak of losses. Compared with the BSE Sensex Index which fell 30.3 points (or 0.1%) in the day, this represented a relative price increase of 2.3%.

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