Daily FNArena News - Small Caps

Macquarie has initiated coverage on private health insurer NIB Holdings pointing at an attractive valuation and a focus on capital returns.

SFG Australia shares offer upside from ongoing growth in funds under management plus an attractive dividend yield, reports stockbroker Moelis.

Programmed Maintenance Services beat consensus with its full year results and modest growth expectations for FY13 see all brokers in the FNArena database rate the stock a Buy.

Neuren Pharmaceuticals is making progress with its traumatic brain injury drug and Bell Potter reiterates a Buy rating.

Brain Resource is commercialising its world leading database on brain function and the potential growth on offer makes the stock a Buy in the view of Bell Potter.

DJ Carmichael rates Neon Energy as a Speculative Buy given upside potential from both exploration and an expected farm-in agreement.

DJ Carmichael rates Riedel Resources a Speculative Buy given upside potential from the group’s assets in Burkina Faso and West Africa.

A strong market position and good earnings growth potential are enough for Moelis to initiate coverage on Jumbo Interactive with a Buy rating.

BC Iron has delivered a solid March quarter production report despite some poor weather conditions and brokers continue to rate the stock as a Buy.

Why is it that DJ Carmichael labels Jacka Resources “The Most Undervalued African Explorer on the Market”?