GenusPlus Keeps Buy Rating From Euroz Hartleys as Receives Tasmanian Transmission Contract; Shares Up 4%

MT Newswires Live

Dec 27, 2024

GenusPlus Group (ASX:GNP) retained a buy rating from Euroz Hartleys after the company disclosed a two-part contract for the North West Transmission Developments (NWTD) Stage 1 project with Tasmanian state government-owned firm TasNetworks, according to a Tuesday note from the financial services firm.

Part one of the contract involves the early contractor involvement phase of the project with a total value of AU$42 million for the design, procurement, and construction of 220-kilovolt transmission lines, construction of the Heybridge switching station, and the augmentation of transmission lines at three substations.

The construction phase of the contract is still subject to a final investment decision, planning and environmental clearances, and a revenue determination from the Australian Energy Regulator.

Shares of the company rose almost 4% in recent Friday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2494842056"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2494842056\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2494842056?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-27 11:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2494842056","market":"sh","top_or_hot":-1,"title":"GenusPlus Keeps Buy Rating From Euroz Hartleys as Receives Tasmanian Transmission Contract; Shares Up 4%","media":"MT Newswires Live","content":"<html><body><p> GenusPlus Group (ASX:GNP) retained a buy rating from <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys after the company disclosed a two-part contract for the North West Transmission Developments (NWTD) Stage 1 project with Tasmanian state government-owned firm TasNetworks, according to a Tuesday note from the financial services firm.</p><p>Part one of the contract involves the early contractor involvement phase of the project with a total value of AU$42 million for the design, procurement, and construction of 220-kilovolt transmission lines, construction of the Heybridge switching station, and the augmentation of transmission lines at three substations.</p><p>The construction phase of the contract is still subject to a final investment decision, planning and environmental clearances, and a revenue determination from the Australian Energy Regulator.</p><p>Shares of the company rose almost 4% in recent Friday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GenusPlus Keeps Buy Rating From Euroz Hartleys as Receives Tasmanian Transmission Contract; Shares Up 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGenusPlus Keeps Buy Rating From Euroz Hartleys as Receives Tasmanian Transmission Contract; Shares Up 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-12-27 11:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> GenusPlus Group (ASX:GNP) retained a buy rating from <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys after the company disclosed a two-part contract for the North West Transmission Developments (NWTD) Stage 1 project with Tasmanian state government-owned firm TasNetworks, according to a Tuesday note from the financial services firm.</p><p>Part one of the contract involves the early contractor involvement phase of the project with a total value of AU$42 million for the design, procurement, and construction of 220-kilovolt transmission lines, construction of the Heybridge switching station, and the augmentation of transmission lines at three substations.</p><p>The construction phase of the contract is still subject to a final investment decision, planning and environmental clearances, and a revenue determination from the Australian Energy Regulator.</p><p>Shares of the company rose almost 4% in recent Friday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GNP.AU","symbol_name":"GENUSPLUS GROUP LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2494842056","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2494842056","pubTimestamp":1735270228,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"GenusPlus Group  retained a buy rating from Euroz Hartleys after the company disclosed a two-part contract for the North West Transmission Developments  Stage 1 project with Tasmanian state government-owned firm TasNetworks, according to a Tuesday note from the financial services firm.Part one of the contract involves the early contractor involvement phase of the project with a total value of AU$42 million for the design, procurement, and construction of 220-kilovolt transmission lines, construction of the Heybridge switching station, and the augmentation of transmission lines at three substations.The construction phase of the contract is still subject to a final investment decision, planning and environmental clearances, and a revenue determination from the Australian Energy Regulator.Shares of the company rose almost 4% in recent Friday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate","earning"],"viewcount":null,"language":"en","relate_stocks":{"GNP.AU":"GENUSPLUS GROUP LTD"},"translate_title":"GenusPlus因获得塔斯马尼亚输电合同而维持Euroz Hartleys的买入评级；股价上涨4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GNP.AU":0.9},"content_text":"GenusPlus Group (ASX:GNP) retained a buy rating from Euroz Hartleys after the company disclosed a two-part contract for the North West Transmission Developments (NWTD) Stage 1 project with Tasmanian state government-owned firm TasNetworks, according to a Tuesday note from the financial services firm.Part one of the contract involves the early contractor involvement phase of the project with a total value of AU$42 million for the design, procurement, and construction of 220-kilovolt transmission lines, construction of the Heybridge switching station, and the augmentation of transmission lines at three substations.The construction phase of the contract is still subject to a final investment decision, planning and environmental clearances, and a revenue determination from the Australian Energy Regulator.Shares of the company rose almost 4% in recent Friday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}