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    YearRevenue GrowthDec 13-6.3Dec 1230Dec 1132.6

    Morning Alert: Thac Ba Hydropower continues significant uptrend; increases 0.8% 21 October 2014 11:29 ICT

    10/21/2014

    VIETNAMESE INTRA-DAY STOCK REPORT

    Thac Ba Hydropower Joint Stock Company (HOSE:TBC) continued its significant uptrend and increased VND200.0 (or 0.8%) to trade at VND25,700.0 today.

    Arun Valley Hydropower Development rises on high volatility 20 October, 2014 15:00 NPT

    10/21/2014

    NEPALESE DAILY STOCK REPORT

    Arun Valley Hydropower Development Company Limited (NEPSE:AHPC), Nepal's 4th largest hydropower company by market cap, traded between an intraday low of NPR369.0 and a high of NPR388.0. The price range has expanded in the last two days (from NPR4.0 two days ago to NPR19.0 today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 3.9% places the stock in the 1st quartile in the market meaning it is highly volatile. Today its volatility (highest price minus lowest price/lowest price) of 5.1% was 1.3 times the average daily volatility of 3.9%, up from 4.3% on Sunday and 1.1% on Thursday. A price rise on high volatility is a bullish signal. The stock price increased NPR2.0 (or 0.5%) to close at NPR378.0. Compared with the Nepse Index which fell 0.7 points (or 0.07%) in the day, this represented a relative price increase of 0.6%.

    Decision makers, dissenters set sights on Site C project price tag; Opponents turn attention to Site C costs

    10/21/2014

    VANCOUVER - With provincial and federal environmental certificates now in hand, BC Hydro faces a much tougher hurdle for its massive Site C hydroelectric project - the bottom line.

    The Crown agency estimates it will cost $7.9 billion to build the dam on the Peace River, making it the largest provincial public expenditure in the next two decades and the second-largest in the country right now.

    It would take a decade to build and would be expected to power the province for a century.

    Morning Alert: Haitian Hydropower International lifts 3.7% - outperforming 95% of stocks 21 October 2014 10:32 HKT

    10/21/2014

    HONG KONG INTRA-DAY STOCK REPORT

    Haitian Hydropower International Ltd. (HK:08261) lifted 3.0c (or 3.7%) today to trade at 84.0c and has outperformed 95% of the market in the past month. A price rise combined with a high relative strength is a bullish signal.

    Nam Mu Hydropower decreases 0.9% on low volume 16 October, 2014 17:30 ICT

    10/21/2014

    VIETNAMESE DAILY STOCK REPORT

    Nam Mu Hydropower Joint Stock Company (HNX:HJS), Vietnam's 7th largest electric company by market cap, decreased VND100.0 (or 0.9%) to close at VND10,800.0. Compared with the VN Index which fell 16.0 points (or 2.6%) in the day, this represented a relative price increase of 1.7%. The volume was 0.2 times the average trading of 30,688 shares.

    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 %]

    United Kingdom Intellectual Property Office Publishes Application for Trademark "Good Energy" to Good Energy for Various Goods and Services

    10/21/2014

    South Wales, Oct. 21 -- Good Energy Ltd., Chippenham, has filed the trademark "Good Energy" on Sept. 24, for various goods and services.

    The trademark application (journal number: 2014/043) was published on Oct. 17. Class(es): 4 [Electricity; electrical energy; energy (electrical); fuels; alcohol fuels; charcoal fuels; coal dust fuels; gas fuels; gas oil; solidified gas fuels; fuel oil; lighting fuels; mineral fuels; peat fuels; fossil fuels; coal; gas and oils], 7 [Generators; generators of electricity, power and/or energy; wave machines for the purposes of generating electricity, power and/or energy; methane producers for the purposes of generating electricity, power and/or energy; current generators; biomass heaters for the purposes of generating electricity, power and/or energy; ground source heat pumps for the purposes of generating electricity, power and/or energy; hydro power systems for the purposes of generating electricity, power and/or energy; wind turbines for the purposes of generating electricity, power and or energy; micro-hydro electric power systems turbines (other than for land vehicles); micro-generators; parts and fittings included in Class 7 for all the aforementioned goods], 9 [Apparatus and instruments for storing, conducting, switching, transforming, accumulating, discharging, regulating or controlling electricity, power and/or energy; electricity conduits; electric connections; connections for electric lines; connectors; couplings (electrical); distribution boards; distribution boxes; distribution consoles; discharge tubes; distribution machines; ducts; materials for electricity mains; electrolysers; fuse wire; fuses; electrolytic cells; galvanic cells; guages; heat regulating apparatus; electricity indicators; electricity inductors; measuring apparatus; measuring instruments; micrometers; readers; reducers; relays; testing apparatus; transformers; transistors; transmitters; current regulators; voltage regulators; voltage surge protectors; voltmeters; wire connectors; solar panels for the purposes of generating electricity, power and/or energy; parts and fittings included in Class 9 for all the aforementioned goods], 11 [Air conditioning apparatus; air reheating apparatus; air cooling apparatus; air driers; heaters for baths; bed warmers; brackets for gas burners; boiler pipes; boilers; burners; gas burners; carbon for arc lamps; central heating systems; central heating radiators; cooling appliances, installations and/or machines; heating dampers; heating appliances, apparatus, installations and/or machines; drying apparatus, appliances, installations and/or machines; gas boilers; gas burners; gas condensers; gas generators; cooking appliances, apparatus, installations and/or machines; heat pumps; heat regenerators; heaters; heating apparatus; heating boilers; heating installations; hot air apparatus; humidifiers; ovens; lamps; lamp burners; lanterns; laundry appliances, apparatus, installations and/or machines; laundry room boilers; light bulbs; lighting apparatus and installations; microwave ovens for industrial purposes; oil burners; oil lamps; radiators; refrigerating apparatus, appliances, installations and/or machines; regulating accessories for water or gas apparatus and pipes; regulating and safety accessories for gas apparatus; regulating and safety accessories for gas pipes; regulating and safety accessories for water apparatus; safety accessories for water or gas apparatus and pipes; showers; solar collectors; solar furnaces; steam accumulators; steam boilers; steam generating installations; stoves; refrigerating apparatus, appliances, installations and/or machines; water heaters; water heating apparatus; water purifying apparatus and machines; water purification installations; micro-generation appliances and equipment parts and fittings for all the aforesaid goods], 35 [Retail services connected with the sale of electricity, gas, power and/or energy; retail services connected with the sale of generators, generators of electricity, power and/or energy, wave machines for the purposes of generating electricity, power and/or energy, methane producers for the purposes of generating electricity, power and/or energy, current generators, biomass heaters for the purposes of qeneratinq electricity, power and/or energy, ground source heat pumps for the purposes of generating electricity, power and/or energy, hydro power systems for the purposes of generating electricity, power and/or energy, micro-hydro electric power systems turbines (other than for land vehicles),micro-generators; retail services connected with the sale of apparatus and instruments for storing, conducting, switching, transforming, accumulating, discharging, regulating or controlling electricity, power and/or energy, electricity conduits, electric connections, connections for electric lines, connectors, couplings, distribution boards, distribution boxes, distribution consoles, discharge tubes, distribution machines, ducts, materials for electricity mains, electrolysers, fuse wire, fuses, electrolytic cells, galvanic cells, gauges, heat regulating apparatus, electricity indicators, electricity inductors, measuring apparatus, measuring instruments, micrometers, readers, reducers, relays, testing apparatus, transformers, transistors, transmitters, current regulators, voltage regulators, voltage surge protectors, voltmeters, wire connectors, solar panels for the purposes of generating electricity, power and/or energy, wind turbines for the purposes of generating electricity, power and/or energy; retail services connected with the sale of air conditioning apparatus, air reheating apparatus, air cooling apparatus, air driers, heaters for baths, bed warmers, brackets for gas burners, boiler pipes, boilers, burners, gas burners, carbon for arc lamps, central heating systems, central heating radiators, cooling appliances, installations and/or machines, heating dampers, heating appliances, apparatus, installations and/or machines, drying apparatus, appliances, installations and/or machines, gas boilers, gas burners, gas condensers, gas generators, cooking appliances, apparatus, installations and/or machines, heat pumps, heat regenerators, heaters, heating apparatus, heating boilers, heating installations, hot air apparatus, humidifiers, ovens, lamps, lamp burners, lanterns, laundry appliances, apparatus, installations and/or machines, laundry room boilers, light bulbs, lighting apparatus and installations, microwave ovens for industrial purposes, oil burners, oil lamps, radiators, refrigerating apparatus, appliances, installations and/or machines, regulating accessories for water or gas apparatus and pipes, regulating and safety accessories for gas apparatus, regulating and safety accessories for gas pipes, regulating and safety accessories for water apparatus, safety accessories for water or gas apparatus and pipes, showers, solar collectors, solar furnaces, steam accumulators, steam boilers, steam generating installations, stoves, refrigerating apparatus, appliances, installations and/or machines, water heaters, water heating apparatus, water purifying apparatus and machines, water purification installations, micro-generation appliances and equipment parts and fittings for all the aforesaid goods], 36 [Brokerage of electricity, gas, power and/or energy; issue of tokens of value (in respect of electricity, power and/or energy generation); issue of tokens of value in relation to incentive schemes for the purpose of reducing levels of carbon dioxide and/or other greenhouse gases in the atmosphere; the provision of information, advice and consultancy services relating to all the aforementioned services], 39 [Collection, storage, transportation and distribution of electricity, gas, power, fuels, fuel by-products and/or energy; information services regarding the distribution of electricity, power and/or energy; supplying electricity, power and/or energy; the provision of information, advice and consultancy services relating to all the aforementioned services] and 40 [Production of electricity, power and/or energy; production of energy from renewable sources; information services regarding the production of electricity, power or energy; rental of generators or producers of electricity, power and/or energy; rental of micro-generation appliances and equipment; rental of heating appliances; the provision of information, advice and consultancy services relating to all the aforementioned services] The original document can be viewed at:

    Indsil Hydro Power & Manganese falls in 4 out of last 5 days 20 October, 2014 15:30 IST

    10/21/2014

    INDIAN DAILY STOCK REPORT

    Indsil Hydro Power & Manganese Ltd. (BSE:522165), India's 47th largest iron & steel/intermediate products company by market cap, decreased Rs0.50 (or 1.2%). The stock fell in four out of last 5 trading days, for a 5-day fall of 3.1% to close at Rs41.15. Compared with the BSE Sensex Index which rose 321.3 points (or 1.2%) in the day, this represented a relative price change of -2.4%.

    BEARISH SIGNALS
    Fundamentals:
    + Total Liabilities/EBITDA of 16.3 which compares unfavourably with the Joseph Piotroski benchmark of 5.
    + Net profit margin has averaged 7.8% in the last 3 years. This is lower than the sector average of 8.9% and suggests a low margin of safety.
    + The total dividend paid over the past 12 months is down 50.0% to Rs0.50 per share, comprising one final dividend of Rs0.50.

    China keen to invest in Pakistan's hydro energy, construction projects

    10/21/2014

    A 16member business delegation led by Deputy Director General, Department of Commerce of Yunnan Province of China,Mr.Yang Hui, visited Islamabad Chamber of Commerce and Industry on Friday and took keen interest to invest in Pakistan with particular focus on hydro energy and construction sectors.

    National Hydro Power price 6.3% below VWP 20 October, 2014 15:00 NPT

    10/21/2014

    NEPALESE DAILY STOCK REPORT

    National Hydro Power Co. (NEPSE:NHPC), Nepal's 3rd largest hydropower company by market cap, increased NPR1.0 (or 0.7%) to close at NPR141.0. The price is at a discount of 6.3% to the 1-month volume weighted average price of NPR150.47, which may appeal as a value proposition. Compared with the Nepse Index which fell 0.7 points (or 0.07%) in the day, this represented a relative price increase of 0.8%.

    Thac Ba Hydropower lifts 3.0% on strong volume 16 October, 2014 17:30 ICT

    10/21/2014

    VIETNAMESE DAILY STOCK REPORT

    Thac Ba Hydropower Joint Stock Company (HOSE:TBC), Vietnam's 2nd largest electric company by market cap, lifted VND700.0 (or 3.0%) from its last traded date of October 14, 2014 to close at VND23,700.0. Compared with the VN Index which fell 16.0 points (or 2.6%) in the day, this represented a relative price increase of 5.7%. This has been propped up by strong volume of 6.4 times average.

    Morning Alert: F L C Hydro Power jumps 6.7% on high volume 21 October 2014 11:10 IST

    10/21/2014

    SRI LANKAN INTRA-DAY STOCK REPORT

    F L C Hydro Power PLC (CSE:HPFL) traded on heavy volume of 3.1 times average so far today while the price jumped 40.0c (or 6.7%) to trade at LKR6.40.

    Srisailam power generation fuels tension between Andhra, Telangana

    10/21/2014

    Power generation at the Srisailam hydroelectric power station has become the latest bone of contention between Telangana and Andhra Pradesh, already tangled in various issues of power sharing.

    Montenegro plans to build 132 MW of small hydropower plants worth EUR 191mn by 2030

    10/21/2014

    Montenegro plans to build small hydropower capacities of 132 MW by the end of 2030 in order to harness its ample hydro energy potential, the government said. The indicative spending to build the new plants is seen at EUR 191mn.

    Siti Hydroelectric Power Station

    10/21/2014

    Siti Hydroelectric Power Station, commonly referred to as Siti Power Station, is a proposed 21.5 MW mini hydropower station in Uganda.

    Haitian Hydropower International falls in 4 out of last 5 days 16 October, 2014 17:00 HKT

    10/21/2014

    HONG KONG DAILY STOCK REPORT

    Haitian Hydropower International Ltd. (HK:08261), dropped 2.0c (or 2.4%). The stock fell in four out of last 5 trading days, for a 5-day fall of 6.9% to close at 81.0c. Compared with the Hang Seng Index which fell 239.1 points (or 1%) in the day, this represented a relative price change of -1.4%.

    BEARISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 2.8. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile 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.

    Shareholders protest 'political intervention'

    10/21/2014

    KATHMANDU, Oct. 21 -- Shareholders of Chilime Hydropower Company on Monday protested the Energy Minister Radha Gyawali's "political intervention" to remove of former managing director Kul Man Ghising.After Ghising's removal around three months ago, the locals had shut down Chilime's site office and halted the construction of its subsidiary projects -- Rasuwagadhi Hydropower Company, Madhya Bhote Koshi Jalavidyut Company and Sanjen Jalavidyut Company.

    Iran to Build Hydroelectric Power Plants in Armenia

    10/21/2014

    TEHRAN (FNA)- Iranian First Vice President Eshaq Jahangiri announced that based on an agreement cut by Tehran and Yerevan, Iran will construct hydroelectric power plants in Armenia.

    Albanian electricity market opening too slowly - Statkraft

    10/21/2014

    The liberalisation and integration of the Albanian electricity market has been slower than expected, according to Norwegian energy producer Statkraft which is a major investor in the country. However, the government is committed to take the necessary steps to improve market conditions.

    Statkraft's 256MW Devoll river hydro power project, currently in construction, is expected to increase Albania's generation by 17%.

    Muzizi Power Station

    10/21/2014

    Muzizi Power Station is a proposed 44.7 MW hydroelectric power project in Uganda.
    The power station is located across River Muzizi, which forms the border between Hoima District and Ntoroko District, close to the southeastern shores of Lake Albert, in Western Uganda. This location lies approximately 10 kilometres (6.2 mi), by road, southwest of the town of Ndaiga, in Hoima District. The power station is located approximately 290 kilometres (180 mi), by road, west of Kampala, the capital of Uganda, and the largest city in that country.

    Kalla Group builds docking port, power plant

    10/21/2014

    The Kalla Group, a business group owned by the family of vice president-elect Jusuf Kalla, is building what is claimed will be the biggest docking port for ships in eastern Indonesia, as well as a hydro-powered electricity generation plant. Both are to be in Makassar, South Sulawesi.

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