Daily FNArena News - Small Caps

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.

While RCG Corp was conservative in its outlook at the AGM, brokers suspect that, after a strong Christmas season, robust sales growth will continue for the footwear retailer.

Growth prospects in diagnostic imaging are solid and several brokers take up coverage of newly listed Integral Diagnostics.