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Butwal Power Company Limited ..

In this bull phase , it is clear that this company is hardly able to have price increament of just 100% from all time low price .
Why to Invest in this company ?
what i feel is :

1) Projects with 1000 MW + capacity in pipeline. ( manang marsyangdi 135 MW ; Upper Marsyangdi II 327MW ; Lower Marsyandi 139.2 MW ; Mugu Karnali 141MW ; Nyadi 30MW ; Kabeli A 37.6MW ; Khimti 60MW ; Chino Khola 7.9 MW ; Khudi 4MW ; Adhikhola 9.4 MW ; Jhimruk 12MW & it may get other more projects in future )

2) It's history. It has established itself as one of the best performing scrips in Nepse with excellent financial indicators .
It's solvency ratio & liquidity ratio is near to some high performing bluechips from other sectors while most of the hydros in Nepal are struggling with heavy debt & very poor debt to equity ratios.
It's ROE , ROA ; eps ; book value & several other financial ratios has always been attractive & consistent . With eps of over 30 & book value over 200 for several years proves it. ( There were incidents where plants were shutdown for certain period due to strikes , flood etc but company always had better comeback.)

3) It's dividend history for last decade. The portion of cash dividend out of total dividend shows the liquidity position of the company. It has healthy growth in paidup capital along with it's business with good dividend policy.
We all know that except it and chillime almost all hydros were never able to cross single digit dividend rate .

4) It's Bod & Management team. A company led by Ex NEA MD itself proves that the quality of senior management. And i think highest paid executive in Hydro Sector is BPCL's CEO with over 10million+ annual compensation.
And other senior management leaders' qualification is also way above if you compare it with other hydros'.
Bod led by Padma Jyoti , & memebers like Pradeep Shrestha shows the quality of Bod. These two groups ( jyoti & panchakanya ) are among big names in Nepalese Investment & industrial sector.
And more than 51% holdings of Shangrila Energy itself prooves how much money of promoters is concentrated in the company. And ratio of promoter to general public shareholder group being 70:30 also shows some seriousness of promoters towards company.
I mentioned it because lately we have been seeing all those promoters dumping their holdings to others.

5) Other Internal Control System & Corporate Governance of Company.
The transparency & details in annual report is the reason why company has always been able to grab " Best Presented Annual Report " every year from Institute of Chartered Accountants of Nepal.
Even the website has so many details and well presented facts about company.
I have checked websites and annual report of some other hydro companies & they barely even publish while majority of them have annual reports like some grade 12 student's project report.
IF i'm not wrong it is also best managed hydro in nepal according to some professional bodies. ( i mean it has grabbed those awards too .)

6 ) It's presence for over 6 decades with no major Defaults or any sort of misstatements .

Some major problems lately :
1) Khimti's dilution in ownership & ppa revision . This is obviously huge impact as company's major income was dividend from himal power .
But it hasnot completely lost it's holdings , it still has half of what previously there was & it will obviously get some income . And with completion if Nyadi's 30 MW it will be compensated somehow.

2) Kabeli A's work obstructed due to some loan issues with World Bank.
But company is constantly lobbying with Finance ministry regarding loan continuity & it is obvious that company will come out with some solution..And since company has already sold major stake to singapore based company it has now just 17% stake in it.
It has compelled company to set aside some significant amount as provision for Kabeli A. And Net profit is impacted lately due to this reason as well.

Except these company has great future ahead.
JV projects with chinese companies got approval from IBN for 33 billion rs recently.
And PPA is already signed for lower marsyangdi .
Nyadi is in final stage. Only some transmission line issue has caused delay in commercial production.
Company still has book value of 233 with eps of 20+ . It is obviously best figure stiil in hydro sector.
It can easily maintain it's dividend policy as of last decade for some coming years & with great projects in hand it has great future ahead.
And it needs significant increament in it's capital as it has just 3 billion as it's capital with such big projects in hand.

May be I'm missing some serious drawbacks of company .Idk ..

But yo bull ma when i see these NHPC ; Joshi ; Ghl ; kkhc , dhpl etc hitting +ve circuit ka circuit i don't know how people get confidence to spend their hardly earned money on these scrips with price above 450.
And even these radhi with that price range of 1200+ at some point..
ruru may have less supply & it has good eps but come on ruru 1200+ huda bpcl hardly 500?
& that mountain energy near 1000.
almost all hydros were above 400 at some point while bpcl was struggling at 500 .. jabaki bpcl bearish ko worst point ma pani 300 muni jharna namanne company.
So , where do you guys think this company is heading regarding it's price ??

The BPCL joint venture will develop three projects in Marsyangdi corridor viz. Manang Marsyangdi Hydro-electric Project (135 MW), Lower Manang Marsyangdi Hydroelectric Project (139.2 MW) and Upper Marsyangdi - 2 Hydropower Project (327 MW) as a cascade development model which sums up to 601 MW of electricity. They are going to be largest electricity generator private company in Nepal.
Dont know why GLP is spreading negative rumor about this company. May be he sold his stock to buy CHCL which has not performed well in last 5 years.

Updates on individual projects in addition to recent IPO of a subsidary company is coming soon.

धितोपत्र बोर्ड र नेप्सेका पदाधिकारीलाई कारबाही गर्न अर्थ समितिको निर्देशन

Unless Finance Ministry wants, nothing happens ..

Todays market move in Hydrosector may spoil the Golden Dreams of those who were in BUYING mode recently.

Really feel pity for these poor chaps : CHCL & BPCL
Unable to see the face of BULL when NEPSE index almost tripled , forget about HYDRO index.

But FUNDAMENTALLY these are good companies

Yes We Can Conclude that Rally is Over in Hydro !!

Hydro is a Cock Now; and Many has thought it is a Hen which will Lay Eggs infact Golden Eggs


Let them see the Golden Dreams in Hydro !!


Right time to churn the Portfolio and sticking back to Financial Dicipline !!


Let them buy the Chamatkari Cock which will Lay Golden Eggs

Both CHCL & BPCL are not in a mood to move forward. Can we conclude it as an end of hYdRoBull ?

Now only two companies can drive the bullish move in hydropower sector, they are CHCL and BPCL. Both are fundamentally sound companies and almost stationary in this massive HYDRO-rally. If these two companies remain untouched in coming days, HYDRO SUPER BULL will come to an end.

टर्बाइन घुमिसकेका राम्रो कमाई गरिराखेका जलविद्युतमा
भन्दा टर्बाइन नै नघुमेका घाटो जलविद्युतका सेयरमा झुम्मिँदै लगानीकर्ता
- बोलो राम राम

Disappointing economic data from China yesterday has created an opportunity for USD/CNY currency trader. This quarter is going to be a roller coaster ride & most profitable for USD/CNY pair traders. Be ready for the THRILL.

Sunrise First Mutual Fund (SFMF) declared 50% CASH DIVIDEND !!

Will it hit UPPER CIRCUIT TODAY ?? 🤔🤔🤔

@Somebody ji.

Bought MNBBL immediately after listing of primary share, may be a dacade back.
At that time MNBBL proposed 25% dividend, but NRB stopped them to distribute dividend indicating some irregularities. After NRB action, price dropped to 125. I ve started buying from that point. Price before NRB action was just above 150. Later I sold my principle share at around 1660 and still holding most of the BONUS. Thats why my cost is below zero.
Just imagine, if you have invested a million amount at that time .....

@dubosi ji, wow MNBBL at price below zero !!

how long had you been holding ??

Rising sun ji ,
"Trend is friend" -you are 200% right.
But the most important thing is you have to find the trend correctly. Otherwise, you may fall into an ambush.

Courage is important but more important is intelligent decision making.
Gud luck

My today's investment (ICFC) made capital gain of 15%....... almost 1.5 lakh.

I was planning to buy 1k today, 1k tomorrow, another 1k the next day. If I gather courage and bought all today, I would have made 4.5L.

That's not it, I have have been accumulating for last few days.



"Trend is friend" you should have more idea then me, Dubosi ji.

It is difficult to manage.

@Rising Sun ji

"You sold, I bought.......... ICFC.
Winner will be declared this week end"

I ve marked your statement.

Oh ,where is your weekly challenge thread ?

Actually we sold majority of our trading HYDRO scripts last week. I did disclose our selling event & that turned out to be a good decision.

Somebody ji, we are not OUT OF STOCK
Read what I said "Few scripts with very low average cost and high potential for future growth are left " & that includes MNBBL with average cost below zero

We have exited all trading scripts for the time being. We are constantly reviewing the market condition. Decision to accumulate can be made once we get a "BUYING SIGNAL"

Dubosi ji empties his stock too often..

Many times a month.

Are you gonna buy again after 2-3 days??

You sold, I bought.......... ICFC.

Winner will be declared this week end.

As said earlier,

Now we have almost evacuated our STOCK. Only few scripts with very low average cost and high potential for future growth are left.

८ -१० वर्ष पुराना लगानीकर्ता मित्रले भनेको कुरा सहि नै मान्नु पर्छ |

लगानीकर्ताको सख्या केहि हजारबाट धेरै लाख पुगेको कारणले हुनु पर्छ , थोरै लगानीकर्ताको चासो धेरै जनतालाई थाहा हुँदैन थ्यो , धेरै लगानीकर्ता हुँदा सबैको नजर परेकोले हो।

८ - १० बर्षदेखिका,

share बजारका मौसमी लगानीकर्ता एक मित्र भन्दै थिए,


यत्रो बर्षमा 'मौद्रिक नीति' प्रतिको यत्रो चार्म, पहिलो पटक देखे l

Refinancing and subsidy to COVID affected sectors will be continued in my opinion. Current finance leadership (both from ministry level and NRB) dont have lion heart to change other major parameters. We may see some minor changes just to show it fresh. For details, wait till evening.

Aj aunchha re vanchhan kya re...