3 speculative small-cap shares to watch this year

While blue chip shares such as Telstra Corporation Ltd (ASX: TLS) and Wesfarmers Ltd (ASX: WES) are well known and widely held amongst retail investors, I suspect the small-cap shares listed below aren’t.

While they may not be ready to be invested in, I do think they are worth keeping a close eye on this year:

Bioxyne Ltd (ASX: BXN)

This Australian life sciences and health products company caught the eye last year when it announced plans to launch three health and wellness products into the South East Asia market. The key product, in my opinion, is its BK18 nutritional health drink which is made with dairy from Waikato, New Zealand and includes an immune boosting probiotic and a range of key vitamins. Orders have already flooded in prior to its marketing campaign launching, which could be a very positive sign.

Longtable Group Ltd (ASX: LON) (Formerly known as Primary Opinion Ltd (ASX: POP)

This food company is headed by former Bellamy’s Australia Ltd (ASX: BAL) CEO Laura McBain. Up until recently the only asset on its books was its 48% stake in the Maggie Beer product range. However, the company recently raised $43 million in order to fund the acquisition of leading biodynamic-organic dairy products company B.-d Farm Paris Creek at a multiple of 2.1x sales. I think this acquisition and McBain’s experience in taking a small company onto the global stage puts Longtable in a position to grow strongly over the next few years.

SKY and Space Global Ltd (ASX: SAS)

Last year SKY and Space Global successfully launched into orbit and tested its first three nano-satellites. These are the first part of a plan to create a full Equatorial constellation that will deliver cost-effective communications infrastructure and services to disrupt the telecommunications and international transport industries. Management estimates the quantum of bandwidth generated by the full constellation has the potential to generate between US$600 million and US$1 billion in annual revenues. The company recently announced a US$30 million five-year deal with BeepTool to provide bandwidth for building innovative messaging and payment solutions designed to help connect the unconnected throughout key African markets.

Looking for more exciting shares to invest in? Then don't miss these three.

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 James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Limited and Wesfarmers 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.

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.