Daily FNArena News - Small Caps

Foster Stockbroking has run the ruler over several new entrants and potential entrants in the tech sector, believing there is strong investor appetite for such stocks.

The UK government has proposed changes to road traffic accident claims, delivering another blow to Slater & Gordon as the law firm copes with acquisition challenges and the ASIC review.

Despite the hefty price tag brokers have welcomed the next phase of NextDC’s expansion, with the announcement of two new data centres.

Billabong has signalled investors will need to be patient as it continues to turn its business around. Brokers remain confident but expect the strategy will take some time.

Brokers contend a2 Milk is surpassing reality while upside remains for another high flyer, Blackmores.

Confidence is taking time to re-build in lawyers Slater & Gordon and brokers suspect investors will need to remain patient.

Collins Foods has a track record in generating cash from its KFC franchise and, in uncertain times, this is gold, Canaccord Genuity believes.

SMS Management & Technology has sharply downgraded first half guidance as a major restructure halts sales momentum.

Thorn Group produced a solid first half result but regulatory concerns are weighing on the stock.

Cover-More continues to deliver robust premium growth although margins are under pressure from the falling Australian dollar.