Hydro power - simple snapshot based on December quarter

HAL9000 wrote:Last quarter we had unusually high rainfalls. So exceptional profits for many hydros so does the run. I think this sector we should enter and exit timely, During dry period price will plummet to bottom
l sold my VPEL and HPFL

First Guy wrote:

HPWR needs to show some profit for next quarter (it was in profit if you take out the thermal power so it should be in good profit now) and also a possible dividend. They have cash but possible they might pay off some debt with it. Any idea on the effects of capital reduction?

jiggysaurus wrote:

First Guy wrote:

HPWR needs to show some profit for next quarter (it was in profit if you take out the thermal power so it should be in good profit now) and also a possible dividend. They have cash but possible they might pay off some debt with it. Any idea on the effects of capital reduction?

Only reason to reduce the stated capital is to move the reduced amount into retained earnings. Once it is in retained earnings it can be paid out as dividends. Since management now owns shares in the company through Trydan the resus monkey might give out a reasonable dividend within the next 6 months.

First Guy wrote:VLL touched 8.50/- Great returns for those who bought at 3.50/- and also subscribed for rights.

HPWR dividend getting closer perhaps. Ned shareholder approval for capital reduction.

HPFL dividend is possible too after the bumper quarter.

First Guy wrote:Here is an updated snapshot of trading info.

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* Since the beginning of the thread, HPFL has given the best gains including a bumper dividend followed by VLL.
* VPEL is generating extremely good return on equity and payout out almost everything, thus a good dividend yield.
* Expectations are high on HPWR dividend. Once that is paid out, ROE will be much better than what's shown.
* VLL is reinvesting most of the profits in the business with possible good future growth
* HPFL is still not at 100% but showing good signs. Increased trading activity as well.

pathfinder wrote:A good trading opportunity is developing with HPFL

First Guy wrote:VEPL power output has decreased in July and August compared to last year.

Expect EPS less than 0.50/- for this quarter if there is no increase in tariff and if same trend continues in September.

chinwi wrote:Thanks.

 . I feel we may see 150/-  US$ in 15-20 months if no strong external support gained.