Daily FNArena News - Small Caps

Ship builder Austal pleased brokers with the first half results, especially regarding potential reduction in debt.

Brokers responded positively to travel insurer Cover-More’s inaugural first half result.

Austbrokers surprised brokers by failing to upgrade forecasts after the interim result but they’re still happy.

Several brokers are prepared to look past a soft patch for Silver Chef, expecting growth to recover to prior levels. Macquarie is not so sure.

Vocation delivered a strong maiden first half report as a listed company and brokers are increasingly positive about the future.

Moelis is excited about the outlook for TFS Corp’s Indian sandalwood plantations and expects the company to become the sole global provider of this precious oil.

A new specialist medical device stock graces the ASX boards and brokers are bullish about the outlook.

Brokers are pleased with the container company’s ability to negotiate the challenges in both the economy and the marketplace.

Brokers have welcomed the listing of a pure travel insurance player on ASX and expect Cover-More to offer attractive earnings growth.

Another broker has commenced coverage on the money market stock, OzForex, with a bullish view of the online business.