Daily FNArena News - Small Caps

Select Harvests has withstood a low almond price during the first half although brokers expect a recovery into FY21 is more than likely.

City Chic Collective has highlighted the strength of its online apparel business which has enabled profitable trading during the period of store closures.

A surge in charter work has enabled Alliance Aviation to guide for a profit that is well ahead of previous broker forecasts.

The ramp up of Roma North and Atlas continues apace, with Senex Energy primed for a strong year ahead despite the slump in the oil price.

Audinate is expected to withstand the current downturn, given its market share, but revenue could be challenged in the short term.

The future of cloud services remains bright and despite the current lockdowns across the globe, Megaport has the solutions to increasingly connect businesses and individuals remotely.

Senex Energy, having been battered along with other energy stocks, has decided to point out how well its operations are performing and, in doing so, calm investor nerves.

Cattle in, poultry out as Rural Funds Group firms up its growth outlook, with property-related income exceeding forecasts in the first half.

Some brokers have become less comfortable with the high debt on AMA Group’s balance sheet. Others see an attractive valuation, and consolidation opportunity.

Despite the headwinds, brokers anticipate digital audio provider Audinate will continue to scale up earnings and ensure longer-term profitability.