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    QtrNet Profit MarginMar 1432Dec 1342.9Sep 1343.7

    YearRevenue GrowthDec 1319.4Dec 1212.1Dec 112.4

    Afternoon Alert: Krasnoyarsk Hydro-Power Plant lifts 2.3% - outperforming 94% of stocks 24 July 2014 13:10 SAMT

    07/24/2014

    RUSSIAN INTRA-DAY STOCK REPORT

    Krasnoyarsk Hydro-Power Plant (MICEX:KRSG) lifted RUB2.12 (or 2.3%) today to trade at RUB95.01 and has outperformed 94% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

    Guangdong Meiyan Jixiang Hydropower in 3rd daily rise, nears four-month high 24 July, 2014 15:30 CST

    07/24/2014

    CHINESE DAILY STOCK REPORT

    Guangdong Meiyan Jixiang Hydropower Co., Ltd. (SS:600868), Shanghai's 10th largest engineering & construction company by market cap, extended its gains Thursday, rising an additional 2.0 fen (or 0.9%) to trade at CNY2.31. The stock increased 0.4% on Tuesday and 0.4% on Wednesday bringing its 3-day rise to 1.8%. It is now approaching its 91-day high of CNY2.35. Compared with the SSE 180 Index which rose 55.3 points (or 1.2%) in the day, this represented a relative price change of -0.3%.

    BULLISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 1.5. Compared with the rest of the market the stock is undervalued.
    + The total dividend paid over the past 12 months was 0.50 fen per share, comprising one dividend of 0.50 fen.

    Morning Alert: Thac Ba Hydropower hits 52-week high second time in one month 24 July 2014 11:08 ICT

    07/24/2014

    VIETNAMESE INTRA-DAY STOCK REPORT

    Thac Ba Hydropower Joint Stock Company (HOSE:TBC) hit a 52-week high of VND22,000.0 today for the second time in the past one month and last traded at VND21,600.0. Trading volume has been 2.1 times average so far today.

    TAQA to cancel acquisition of Jaiprakash Power's assets; TAQA had agreed to buy Karcham and Baspa Hydro Power Projects of Jaiprakash Power

    07/24/2014

    TAQA had agreed to buy Karcham and Baspa Hydro Power Projects of Jaiprakash Power

    TAQA India Power Ventures (TAQA) is likely to withdraw from acquisition transaction as defined in the acquisition agreement dated March 1, 2014 signed between Jaiprakash Power Ventures and TAQA India Power Ventures & others. TAQA had agreed to buy JP group's power asset.

    Morning Alert: Naloi Hydropower in 4th daily fall, nears three-month low 24 July 2014 11:08 ICT

    07/24/2014

    VIETNAMESE INTRA-DAY STOCK REPORT

    Naloi Hydropower (HNX:NLC) slipped further on Thursday, sliding an additional VND200.0 (or 0.9%) to trade at VND23,100.0. The stock plummeted 23.64% on Tuesday and 2.51% on Wednesday bringing its 4-day fall to 27.1%. It is now approaching its 61-day low of VND22,500.0.

    TAQA calls off Rs 9689 cr deal to buy Jaiprakash Power's two hydro projects; The indebted Jaypee group has received a major jolt in its effort to pared down its huge debt bruden.

    07/24/2014

    The indebted Jaypee group has received a major jolt in its effort to pared down its huge debt bruden. Jaiprakash Power Ventures, a part of Jaypee group on Thursday announced that Abu Dhabi-based TAQA has withdrawn Rs 9,689 crore deal agreement to acquire two hydorpower projects.

    Chilime MD's authority curtailed

    07/24/2014

    KATHMANDU, July 24 -- Amid controversy over the recall of Chilime Hydropower Company Managing Director (MD) Kulman Ghising, the company's board meeting on Tuesday curtailed the authority of its head.The meeting, chaired by officiating MD of Nepal Electricity Authority (NEA) Ram Chandra Pandey, appointed new board members to Chilime's three subsidiary companies, ending the MD's representation on their boards.

    Innovation Direct Representing Portable Recycling Hydro Generator to Potential Licensees

    07/24/2014

    South Miami, FL, July 24, 2014 --(PR.com)-- An innovative and effective new power generation product with unparalleled capabilities, the Portable Recycling Hydro Generator, has been developed by Will Hager, Jr. of Danbury, Connecticut. The invention's unique design provides its users with an environmentally friendly and exceedingly reliable power source that can be used in virtually any setting.

    Perunthenaruvi Hydel Project to be Completed by June 2015

    07/24/2014

    THIRUVANANTHAPURAM, July 24 -- The Perunthenaruvi Small Hydro Electric Project (SHEP) in Idukki district, which had been tangled up in the Forest Department's red tape for years and on which work was finally started in 2012, is expected to be completed only by June, 2015.According to the original schedule, the project should have been completed on March 21 this year. The hydro electric project envisages power generation to the tune of 25.77 million units (MU) a year.

    Budget: Implementation a major challenge

    07/24/2014

    With a view of attaining a six per cent economic growth rate in the coming fiscal year, the government has unveiled the national budget of Rs 618.1 billion. Economic experts and private sector see daunting challenges in its implementation.

    The government has long recognized the development of its large hydropower potential as an important cornerstone of its poverty reduction and economic growth strategy and substantial amount has been allocated to this sector this time, despite engaged in promotion of power sector for decades. Inadequate planning and investment in generation, transmission and distribution and delays in power development have resulted in severe power shortage adversely hampering productivity of already sick industries.

    Thac Ba Hydropower drops on high volatility 24 July, 2014 17:30 ICT

    07/24/2014

    VIETNAMESE DAILY STOCK REPORT

    Thac Ba Hydropower Joint Stock Company (HOSE:TBC), Vietnam's 3rd largest electric company by market cap, traded between an intraday low of VND21,200.0 and a high of VND22,000.0, suggesting a trading opportunity between peaks and troughs. The average daily volatility of 2.8% places the stock in the 3rd quartile in the market meaning it is mildly volatile. The stock price decreased VND200.0 (or 0.9%) from its last traded date of July 22, 2014 to close at VND21,200.0. Compared with the VN Index which rose 2.8 points (or 0.5%) in the day, this represented a relative price change of -1.4%.

    BEARISH SIGNALS
    Fundamentals:
    Overvaluation [compared with sector average]:
    + Price/Sales of 4.2 [1.1].
    + Price to Book of 1.5 [1.3].

    Cheaper energy source: Hydroelectric power generation rises in 2013-14

    07/24/2014

    Hydroelectric power generation increased by 1.524 billion units in the fiscal year ended June 2014 on the back of efficient operation and maintenance of plants, better water availability in reservoirs and new projects coming on stream including the rise in capacity of Mangla Dam.

    Group anniversary

    07/24/2014

    THE South Somerset Hydropower Group is celebrating its tenth anniversary in Ilchester tomorrow.

    The group is hosting an anniversary lunch at Hainbury Mill Farm from noon to 2pm. Guests will include MPs and councillors from the area, as well as members of the Stour and Vale Hydropower Group, Mendip Power Group, and West Dorset Hydropower Group.

    An exhibition will include displays about the history of the group.

    Naloi Hydropower keeps sliding: down 30.0% in 4 days 24 July, 2014 17:30 ICT

    07/24/2014

    VIETNAMESE DAILY STOCK REPORT

    Naloi Hydropower (HNX:NLC), Vietnam's 10th largest electric company by market cap, extended its slide Thursday, shedding an additional VND1,100.0 (or 4.7%) to close at VND22,200.0. The shares have plummeted VND9,500.0 (or 30.0%) over the past four trading days. Compared with the VN Index which rose 6.2 points (or 1.03%) in the four days, this represented a relative price change of -31.0%.

    BEARISH SIGNALS
    Fundamentals:
    + As per the Du Pont analysis, Return on Equity of 13.3% is lower than sector average of 13.7%. This is computed as net profit margin of 32.6% times asset turnover [sales/assets] of 0.39 times leverage factor [total assets/shareholders' equity] of 1.0.
    + Net Profit margin is positive but falling in recent quarters. [Quarter ended, all figures in %]

    Despite lawsuit, Himachal re-tenders mega hydro project

    07/24/2014

    Shimla, July 23 -- Himachal Pradesh will re-seek bids for a multi-million dollar hydropower project that is under litigation with Reliance Infrastructure and has unsettled financial issues with the previous bidder, the Netherlands-based Brakel Corp.

    The cabinet, presided over by Chief Minister Virbhadra Singh, last week approved global bids for the 960-MW Thopan-Powari-Jangi project in Kinnaur district, famous for its luscious apples, an official of the state's directorate of energy told .

    Annual Report: Alaska Hydro (TSXV:AKH)

    07/24/2014

    CANADIAN RESULTS

    Highlights

    Major Common Size Ratios:
    -Total current assets to Total Assets up from 70.4% to 77.7%
    -Current Debtors to Total Assets up from 9.0% to 33.8%
    -Fixed Assets to Total Assets down from 29.6% to 22.3%
    -Cash to Total Assets down from 45.1% to 3.5%

    Unfavourable Changes:
    -Losses in all of the last 5 years
    -Current ratio down 80.0% to 0.01
    -Operating Cash Flow is negative

    Can Don Hydro Power rises on high volatility 24 July, 2014 17:30 ICT

    07/24/2014

    VIETNAMESE DAILY STOCK REPORT

    Can Don Hydro Power Joint Stock Company (HOSE:SJD), Vietnam's 4th largest electric company by market cap, traded between an intraday low of VND24,600.0 and a high of VND24,900.0. The price range has expanded in the last two days (from VND200.0 two days ago to VND300.0 today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 2.4% places the stock in the 4th quartile in the market meaning it is least volatile. Today its volatility (highest price minus lowest price/lowest price) of 1.2% was 0.5 times the average daily volatility of 2.4%, up from 0.4% on Wednesday and 0.8% on Tuesday. The stock price increased VND200.0 (or 0.8%) to close at VND24,800.0. Compared with the VN Index which rose 2.8 points (or 0.5%) in the day, this represented a relative price increase of 0.3%.

    Sichuan Minjiang Hydropower - A Share increases 1.2% on weak volume 24 July, 2014 15:30 CST

    07/24/2014

    CHINESE DAILY STOCK REPORT

    Sichuan Minjiang Hydropower Co., Ltd - A Share (SS:600131), Shanghai's 49th largest energy company by market cap, increased 5.0 fen (or 1.2%) to close at CNY4.05. Compared with the SSE 180 Index which rose 55.3 points (or 1.2%) in the day, this represented a relative price increase of 0.1%. The volume was 0.6 times the average trading of 4.8 million shares.

    BULLISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.9. Compared with the rest of the market the stock is undervalued.

    Guangdong No.2 Hydropower Engineering - A Share climbs 4.6% on robust volume 24 July, 2014 15:30 CST

    07/24/2014

    CHINESE DAILY STOCK REPORT

    Guangdong No.2 Hydropower Engineering Co - A Share (SZ:002060), Shenzhen's 28th largest energy company by market cap, climbed 26.0 fen (or 4.6%) to close at CNY5.91, ending a two-day streak of losses. Compared with the SZSE 100 Index which rose 7.0 points (or 0.2%) in the day, this represented a relative price increase of 4.4%. This has been propped up by robust volume of 2.5 times average.

    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 5% 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 %]

    Chilime board restructures subsidiary companies

    07/23/2014

    KATHMANDU, July 23 -- Chilime Hydropower Company has changed organizational structure of its three subsidiary companies.

    The board meeting of the company held on Tuesday decided to create separate posts of chairpersons and managing directors in all three subsidiary companies - Madhya-Bhotekoshi, Sanjen and Rasuwagadhi.

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