Daily FNArena News - Small Caps

Vehicle leasing company Eclipx has listed on ASX with a new management team ready to take the company to its next phase. Two brokers initiate coverage.

OzForex revealed strong sales growth in FY15 but saw a negative share price reaction, attributed to an acceleration in costs.

Canaccord Genuity believes recent findings will enhance the value of Nanosonics’ Trophon product.

iProperty Group operates in what Credit Suisse considers is the most attractive vertical online market. The broker initiates coverage on the stock.

Despite being beset by weak prices recently brokers believe salmon farmer Tassal has a strong long-term growth outlook.

Surfstitch has upgraded estimates for FY15, with substantial synergies emanating from the consolidation of European operations.

Eureka Group intends to become a significant owner operator of independent retirement units and Canaccord Genuity initiates coverage on the stock.

Jewellery retailer Lovisa Holdings has attracted further Buy ratings from brokers due to its proven, fast-growth business model.

Brokers welcome the strong performance of iCar Asia across its three markets in the March quarter.

Real estate online portal iProperty has made a strong start to 2015 and brokers believe it is on track to acchieve full year guidanc.