Deep research on small and mid-cap businesses that few analysts cover — undervalued, misunderstood, or operating in markets that barely exist yet.
| Company | Market cap | Valuation | Status | Why it is on the radar |
|---|---|---|---|---|
| NedapNEDAP · Euronext Amsterdam | $380M | not published | High conviction | DEMO ENTRY. Dutch technology company in RFID, livestock management, retail security and healthcare software. Thinly covered by sell-side analysts. |
| Gooch & HousegoGHH · AIM London | $200M | not published | High conviction | DEMO ENTRY. UK maker of precision optical components and acousto-optic devices for industrial lasers, aerospace and life sciences. |
| Coherent CorpCOHR · NYSE | $12B | not published | On radar | DEMO ENTRY. US supplier of lasers, optical transceivers and photonic materials, with significant exposure to datacentre optics. |
What a full write-up looks like on this site — the business, the numbers, the counter-argument, and what would prove the thesis wrong.
ValuationA short piece on companies whose balance sheet carries property or equipment far below what it would fetch today.
Special situationHow the parent decides what goes into the new entity, and why the first six months are usually mispriced.
Too small, too dull or too far from the index to attract analyst coverage. Nobody is doing the work, so nobody has priced it.
Trading below a defensible estimate of intrinsic value — often because the real assets sit somewhere the headline numbers don't show.
The market narrative and the fundamentals point in different directions, or the addressable market does not exist yet.
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Research, not advice. No positions are recommended.