ASX Small Caps news and tips.

Linc Energy To Buy Golden Concord 5% Of The Company

Linc Energy (LNC) is an Australian Small Cap energy company that produces ultra-clean diesel and jet fuels. Linc Energy announced that Hong Kong-based Golden Concord will buy 5% of the company for about $120 million. The investment equates to about $4.50 a share, a significant premium to Linc’s last close of $1.07. The deal forms


Weekly Buy: Aristocrat Leisure (ALL) Reported An FY11 EBIT of $110.8 million

Aristocrat Leisure (ALL) develops, manufactures, and distributes gaming machines and systems in Australia, New Zealand, the Americas, Asia Pacific, South Africa and Europe. The group has two divisions Gaming Machines Manufacturing and Gaming Machine Services. ALL is the largest gaming machine company in Australia and the world’s second-largest slot machine maker. The company has been


Weekly Stock Buy: Miclyn Express Offshore (MIO)

Miclyn Express Offshore (MIO) is a leading provider of service vessels to the expanding offshore oil and gas industry across South-East Asia, Australia and the Middle East. The company supplies services to energy companies across the development cycle – from budding explorers to existing producers. MIO’s fleet consists of Offshore Supply Vessels, Crew/Utility Vessels, Tugs,


Sigma Pharmaceuticals (SIP) posted a FY12 net profit of $49.2 million

Sigma Pharmaceuticals Limited manufactures, wholesale and distributes prescription, over-the-counter and generic pharmaceutical products. The Company also owns a number of pharmacy banner brands in Australia. Small Cap Sigma Pharmaceuticals posted a FY12 net profit of $49.2 million, a massive turnaround from the $235.4 million loss in the prior corresponding year The rise in profit came


Gunns Limited Shares Suspended For Capital Raising

Gunns Limited activities include forest management and development, milling, processing, merchandising and the exportation of wood products. The Company also merchandises hardware and building supplies, manages forestry based and vineyard based managed investment schemes, produces wine and construction services. Small cap stock Gunns requested for its shares to be suspended for another four days as


Ivanhoe Australia Limited (IVA): First Copper and Gold From Osborne

Ivanhoe Australia Limited is an exploration and development company. The Company intends to process copper/gold and molybdenum/rhenium ores through its Osborne operating facilities in Queensland, Australia.   Small cap stock Ivanhoe Mines announced that it has produced its first copper and gold concentrate from its Osborne processing facilities in northwest QLD. The Osborne plant was


Materials News: Gunns 1H FY12 Net Loss Of $173.3 million

Gunns Limited activities include forest management and development, milling, processing, merchandising and the exportation of wood products. The Company also merchandises hardware and building supplies, manages forestry based and vineyard based managed investment schemes, produces wine and construction services. Gunns revealed a 1H FY12 net loss of $173.3 million, a larger loss than the $4.65


Shares to Buy: James Hardie Industries (JHX)

James Hardie Industries (ASX:JHX) is a leading international building materials group that produces a wide range of fibre cement building materials used in the exterior and interior of residential and commercial buildings. The company is also the largest seller of home siding (imitation wood) in the US, and produces fibre cement in the US, Australia,