Daily FNArena News - Small Caps

Moelis welcomes the divestment of the McPherson’s home appliances division, expecting the company to now concentrate on growing its health & beauty business.

Genex Power is positioned to benefit from changes occurring in the National Electricity Market. Canaccord Genuity initiates coverage with a speculative Buy rating.

Waste management and recycling business Bingo Industries has picked up several acquisitions to further expand its services and brokers suggest it is well primed to stay ahead of the competition.

Appen’s game-changing acquisition leaves the company firmly positioned to ride the new wave of artificial intelligence applications.

Pending superannuation reforms have slowed the take-up of new cloud-based offerings from Class Ltd, although brokers assert the company still has a strong and attractive product.

Elsight has a unique competitive edge when it comes to encrypted video and data. TMT Analytics initiates coverage of the stock.

Baby Bunting has signalled FY18 earnings will be be flatlining, as heightened discounting among competitors is putting pressure on margins.

IT business, Skyfii, has won and renewed some major contracts in recent weeks, which TMT Analytics believes reinforce the potential of the company.

Brokers are concerned about what it will take for Beadell Resources to reach its gold production target in 2017.

After a weak September quarter, lithium producer Orocobre is surmounting some of the problems which occurred and brokers are becoming more comfortable with the outlook.