Daily FNArena News - Small Caps

APN Outdoor is onto a winning formula, brokers maintain, as it expands its digital billboard offering.

The transformation of BigAir continues as the company establishes a solid footing in integrated managed services.

Salmon producer Tassal Group has redoubled efforts over the past 12 months to supply both retail and wholesale markets and FY16 is shaping up well.

SMS Management & Technology presented a welcome turnaround at its FY15 results with brokers increasingly confident the worst is behind the company.

Brokers welcome the continued expansion of technology provider CSG Ltd, which is setting its sights on providing a full IT service.

AirXpanders has developed a major improvement in the technology used in breast reconstruction and Canaccord Genuity initiates coverage.

Diagnostic imaging operator, Capitol Health, is in robust form heading into FY16, supported by demographics and low competitive tension.

Greencross has a dominant position in the pet care market and, whlie brokers are largely positive, there are some lingering concerns from the FY15 results.

OzForex Group has outlined a new strategy to rapidly accelerate revenue growth and expand its presence in the money transfer business, and brokers are prepared to back it.

Karoon Gas is an early mover on prospective oil and gas exploration and Morgans initiates coverage on the stock.