Daily FNArena News - Small Caps

Moelis has cooled its ardour for Shine Corporate, which has announced a review of earnings expectations for FY16.

Improving conditions for US almond producers and softer demand have led to weaker almond prices. Brokers revise down forecasts for Select Harvests substantially.

While RCG Corp was conservative in its outlook at the AGM, brokers suspect that, after a strong Christmas season, robust sales growth will continue for the footwear retailer.

Growth prospects in diagnostic imaging are solid and several brokers take up coverage of newly listed Integral Diagnostics.

Salary packaging service provider SmartGroup has a strong industry position and is expanding. Credit Suisse adds SmartGroup to its coverage of the sector.

KFC franchisee Collins Foods delivered a strong first half result with brokers confident it will continue to expand its footprint with the fast food chain.

Lithium is in the spotlight as its price holds up amid weakness in other minerals. Hallgarten & Co zooms in on a key player, Lithium Australia.

Salmon farmer Huon Aquaculture has caught the eye of broker Moelis, who initiates coverage of the stock.

Netcomm Wireless has become a specialist supplier of communications hardware. Canaccord Genuity initiates coverage on the stock.

Sydney-based carbon fibre composite fabricator Quickstep Holdings is recapitalised and set for solid growth.