Daily FNArena News - Small Caps

Fantastic Furniture’s competitive and vertically integrated business should flourish with any housing and sentiment rebound, according to Goldman Sachs.

OctaPhillip is positive on the longer-term outlook for tin prices and to reflect this upgrades its rating on junior play Kasbah Resources to Buy.

Grange Resources had a tough September quarter and the uncertainty of any selldown of the Southdown project sees brokers remain cautious on the stock.

Amex resources is a small explorer on track for iron sands mine in Fiji. A robust feasibility study supports a 20-year mine life with low operating costs.

Fleetwood is feeling the effects of reduced occupancy in one of its villages and RBS has become more cautious on the near-term, but not longer term, outlook.

FlexiGroup has grabbed more broker attention with a robust outlook and high potential, despite the much-publicised difficulties in the retail and finance sectors.

A farm-in deal with Santos sees DJ Carmichael reiterate a positive view on Central Petroleum.

Share price gains over the past year prompted RBS Australia to downgrade to a Hold rating last month, but Moelis continues to rate junior telco BigAir as a Buy given a solid growth outlook.

Elk Petroleum offers an attractive production growth profile from Enhanced Oil Recovery operations in the US and DJ Carmichael initiates coverage with a Buy rating.

Bionomics has moved into the cancer stem cell field through a US acquisition and on the news Bell Potter reiterates its Buy rating for the stock.