4 Top ASX Small Cap Stock Picks

We recently talked about why we like: Capilano Honey Ltd (ASX: CZZ) , FSA Group Ltd (ASX: FSA), Sirtex Medical Limited (ASX: SRX) and IPH Ltd (ASX: IPH). Capilano Honey Ltd (ASX: CZZ) With a market capitalisation of $125 million, this stock continues to provide shareholders with sweet returns. After a strong rally the company is still trading on undemanding multiples, P/E and EBITDA multiples remain attractive, whilst an 88% increase in dividends demonstrates confidence from management in earnings maintenance. Synergies from the acquisition of Chandlers Honey should lift CZZ’s supply while a tough two years of weather has constrained total domestic supply and impacted competitors. Additionally, Australia remains the only country in the world yet to be affected by Varroa Mite which destroys bee colonies. Global demand for honey constantly exceeds supply. Bee colonies are disappearing in the US and Europe, pure honey is becoming a valuable commodity. The price of honey in the US is rising more than 6% annually, and the market globally is expected to hit $12 billion by the end 2015. Read more here (VIEW LINK)