Daily FNArena News - Small Caps

Salmon producer Tassal sustained a flat first half but has broadened its seafood range with the acquisition of De Costi. Moelis initiates coverage of the stock.

Baby Bunting delivered a maiden first half profit well above forecasts, which brokers believe will provide investors with renewed confidence.

National Storage remains committed to growing its market share via acquisition and believes opportunities abound.

Communications and mine technology supplier, Codan, provides brokers with a glimmer of hope in the global mining environment.

Capilano Honey recorded a strong first half result, beating forecasts substantially and heralding a buoyant outlook.

Cosmetics company BWX has its sights on China’s middle class, where demand for quality natural products from Australia is growing.

AWE’s recently-announced sale of its Sugarloaf stake is expected to remove the company’s debt headwind and reduce exposure to the oil price.

Moelis initiates coverage on AirXpanders, which has developed a superior device for use in breast reconstruction after cancer.

Moelis has cooled its ardour for Shine Corporate, which has announced a review of earnings expectations for FY16.

Improving conditions for US almond producers and softer demand have led to weaker almond prices. Brokers revise down forecasts for Select Harvests substantially.