Daily FNArena News - Small Caps

Salary packaging service provider SmartGroup has a strong industry position and is expanding. Credit Suisse adds SmartGroup to its coverage of the sector.

KFC franchisee Collins Foods delivered a strong first half result with brokers confident it will continue to expand its footprint with the fast food chain.

Lithium is in the spotlight as its price holds up amid weakness in other minerals. Hallgarten & Co zooms in on a key player, Lithium Australia.

Salmon farmer Huon Aquaculture has caught the eye of broker Moelis, who initiates coverage of the stock.

Netcomm Wireless has become a specialist supplier of communications hardware. Canaccord Genuity initiates coverage on the stock.

Sydney-based carbon fibre composite fabricator Quickstep Holdings is recapitalised and set for solid growth.

Foster Stockbroking has run the ruler over several new entrants and potential entrants in the tech sector, believing there is strong investor appetite for such stocks.

The UK government has proposed changes to road traffic accident claims, delivering another blow to Slater & Gordon as the law firm copes with acquisition challenges and the ASIC review.

Despite the hefty price tag brokers have welcomed the next phase of NextDC’s expansion, with the announcement of two new data centres.

Billabong has signalled investors will need to be patient as it continues to turn its business around. Brokers remain confident but expect the strategy will take some time.