Pre-Session Views

In today's Pre-Session Views: Strategy | Alert to unsuspecting retail investors: Do not buy into the small cap frenzyETEL’s inflection year | Peak capex behind and deleveraging ahead; position for a structural rebound in FCFABUK | Valuation dislocation versus peers and replacement economicsPHDC | Does PHDC generate positive operating cash flows?ISPH | Distributor model best positioned amid pharma price reform++6322