Daily FNArena News - Small Caps

With biotechnology in focus in 2020, Race Oncology is attracting investor interest

Demand for metal detection products continues unabated, given surging gold prices, but Codan is also benefitting from recreational metal detection as a pandemic-safe outdoor activity.

The Sukin brand sustained robust domestic earnings in FY20 although, in order to generate sustained growth, BWX is targeting a greater international profile.

Karoon Energy has struck a revised deal with Petrobras for the Bauna oilfield, ushering in a new era as an ASX listed oil producer.

Recent weakness in Emeco Holdings is detached from the long-term outlook for mining equipment rentals, although coal markets remain the key swing factor in FY21.

Nick Scali expects net profit to improve substantially in the first half of FY21, having procured a robust order book that is supported by growth in the online business.

BWX is substantially expanding its manufacturing capacity as growth prospects for the natural skincare manufacturer improve markedly.

Life360 has surpassed 27m monthly active users, maintaining a tight grip on costs and providing its first positive quarterly cash flow.

Alliance Aviation now has capacity to materially expand its fleet and exploit the current dislocation in the airline industry.

Audinate has signalled the trough in income during the June quarter was not as deep as previously anticipated and this augurs well for the company’s earnings trajectory in FY21.