Daily Financial News - Small Caps

A source of lithium, previously overlooked, is now the subject of a technology developed by Lepidico, from which it intends to become a sustainable lithium producer over the next two years.

GWA Group is targeting growth in market share, moving its emphasis to the renovations segment in both residential and commercial.

Kathmandu Holdings is expected to continue performing strongly into the first half of FY19, with sales growth supported by the Oboz acquisition.

Schrole Group offers international schools a number of candidate management solutions, along with training services in Western Australia. TMT Analytics takes up analysis of the stock.

National Vet Care has significantly expanded its scale in New Zealand with the acquisition of Pet Doctors.

Myer has renewed its focus on a smaller store footprint, online growth and exclusive brands, yet brokers are sceptical the business can make inroads against intense competition.

Uncertainty is likely to hinder Sigma Pharmaceuticals until a firm earnings base is established after the exit of its major customer.

Lithium producer Orocobre is in the spotlight after the Argentine government imposed “temporary” levies on exports, but brokers consider any sell-off overdone.

Software company Citadel Group beat most estimates in FY18 and has reiterated a goal for growth of 15% in operating earnings going forward.

Bedding specialist Adairs has turned around the business over FY18 and set its sights on strong growth in FY19.