Daily FNArena News - Small Caps

Thorn Group produced a solid first half result but regulatory concerns are weighing on the stock.

Cover-More continues to deliver robust premium growth although margins are under pressure from the falling Australian dollar.

Footwear distributor and retailer, RCG Corp, is poised for growth given consumer trends. Moelis initiates coverage of the stock.

In the wake of FY15 results brokers remain upbeat on the outlook for vehicle fleet leasing and management provider Eclipx.

Parts manufacturer MaxiTRANS has unveiled operational improvements which Canaccord Genuity believes are a sign the business is stabilising.

After completing its pricing review, amaysim Australia has launched more competitive mobile plans, viewed by brokers as a sign of the strength in its contract with Optus.

Home furnishing retailer Adairs continues to perform strongly, with brokers hopeful an upgrade to forecasts is nigh.

Grays eCommerce is increasing its exposure to the business and industrial markets and Moelis initiates coverage of the stock, expecting profitable growth.

Brokers have downgraded ratings and price targets after Dick Smith Holdings signalled a sharp deterioration in sales growth.

MyNetFone may have downgraded profit guidance for FY16 but Canaccord Genuity remains positive on the outlook and the newly acquired voice business.