MENU

These 3 companies are gearing up for a big 2018

These three companies have enjoyed a solid year with recent gains adding to optimism.

And they also look well positioned for 2018.

Titomic Limited (ASX: TTT)

The Titomic share price gained about 8 per cent on Wednesday and is now trading for about 95 cents.

The industrial scale additive manufacturing company which utilises 3D printing holds rights to the so-called Titomic Kinetic Fusion, technology developed by CSIRO and Force Industries which sprays titanium alloy particles onto scaffold material.

Titomic’s share price has gained 375 per cent since the company listed in September.

Wednesday’s gains coincided with the company’s announcement that it had signed an agreement with Callidus Welding Solutions Pty Ltd in which Callidus would adopt Titomic Kinetic Fusion for its production of industrial parts.

Valmec Ltd (ASX: VMX)

The Valmec Ltd share price gained about 12.5 per cent on Wednesday when the company announced it had secured $30 million in new contracts.

Valmec stated it had entered into a deal with APA Group (ASX: APA) where it would supply APA with construction services at its operations in Western Australia and Queensland.

Shares in Valmec, an infrastructure and energy services company, have gained more than 85 per cent in the past year and are trading for 27 cents.

While the Valmec share price remains a long way off the $5.60 they were going for in 2007 there are signs that 2018 is shaping up to be a good year for Valmec.

The company has announced that it has $55 million in secured and preferred tenderer contracts and $17 million in expected service contract extensions for FY 2018.

SYNLAIT FPO NZX (ASX: SM1)

The Synlait share price was up by 4.4 per cent on Wednesday, adding to a big year which has seen the New Zealand dairy company’s share price rise by almost 120 per cent.

The latest gains were accompanied by an announcement that Synlait had struck a deal with the dairy cooperative Foodstuffs South Island Limited.

Under the deal, Synlait will invest about $125 million in a new dairy packaging facility and will become the exclusive supplier of the cooperative’s milk and cream from early 2019.

The deal further diversifies Synlait’s business and gives the company greater exposure to its domestic New Zealand market.

The Disruptors: 3 Revolutionary Aussie Companies to Back for 2018

We're living in one of the most exciting times in investing history. Innovation and a booming culture of entrepreneurship are constantly creating new companies with the potential to make forward-thinking investors very rich. Now more than ever, one small, smart investment could make a huge difference to your wealth.

That's why at The Motley Fool we've been scrutinizing the ASX to uncover the kinds of companies that we believe could turn into the next Cochlear or REA Group.

We've found three exciting companies that we believe re poised to perform in the new year. Click here to uncover these ideas!

Motley Fool contributor Steve Holland has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.