Daily FNArena News - Small Caps

Robust demand for mining and communications technology signals strong outlook for Codan, according to Moelis.

RBS Morgans sees a favourable set-up for biotech Alchemia.

A solid full year profit result from Technology One and the expectation of further growth and potential capital management see both UBS and BA-ML retain Buy ratings on the stock.

Gold explorer Mount Magnet South has attracted DJ Carmichael’s attention as it prepares to become a producer next year.

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.