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Why these shares ended 2017 with a bang

These three companies could be worth keeping an eye on after their share prices enjoyed late rallies to cap off 2017.

 

Department 13 International Ltd (ASX: D13)

The Department 13 International share price gained more than 11 per cent on the last day of trade for 2017 as the company announced it had struck a deal with a Japanese distributor.

Department 13, founded by former military operators and scientists, develops software and communications systems to be applied in drone defence and mobile phone IT security, among other endeavours.

The company’s Mesmer system is designed to “prevent drones from physically harming people, damaging and disrupting critical infrastructure, and stealing intellectual property”.

Department 13 said it has signed an agreement with Japanese technology and equipment distributor Nippon Kaiyo in which Nippon Kaiyo will distribute Department 13’s technology in Japan.

 

RPMGlobal Holdings Ltd (ASX: RUL)

The RPMGlobal Holdings share price was up almost 9 per cent on Friday, adding to gains exceeding 35 per cent over the past year.

RPMGlobal, a software company which targets the mining industry, last month announced that it had entered an agreement to acquire another mining software company, MinVu.

While there was no news out from RPMGlobal to explain the jump in its share price, mining companies across the ASX enjoyed late rallies for 2017.

And RPM has previously indicated that it is expecting 2018 to be a good year.

 

Silver Heritage Group Ltd (ASX: SVH)

The Silver Heritage Group share price was up by almost 8 per cent on Friday as the company announced it had been granted approval for its casino operating licence at the Tiger Palace Resort in Nepal.

Silver Heritage, a casino and gaming company, has operations in Vietnam, Laos and Cambodia, as well as Nepal.

The company, with a market cap of about $80 million, saw its share price sink to 7 cents in July but has come back up to 14 cents since then.

The Silver Heritage share price has gained more than 50 per cent in the past year.

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Motley Fool contributor Steve Holland has no position in any of the stocks mentioned. The Motley Fool Australia has recommended RungePincockMinarco Limited. 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.

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