I used to acquire SME businesses in the real world. Negotiations, due diligence, managing people. It didn’t scale. Now I buy businesses with a click. I focus on deep value and special situations full time, compounding my own capital. UK nano caps, off-market deals, controlling stakes where possible. I’m looking to connect with investors doing the same. There’s a lot of neglected opportunity in the small end of the market.

Buffett pays $28 a share for a manufacturer with $50 of working capital per share. His operator releases cash by cutting inventory from over $4m to under $1m. A discount becomes more useful when someone turns the assets into cash. mrdeepvalue.com/p/webdm

When ¥11.7b buys ¥18.5b of adjusted tangible net assets, a builder deserves a closer look. It delivers factories, roads and schools. Signed work covers roughly a year's revenue. The order book makes the assets more interesting. mrdeepvalue.com/p/mc1798

Put a £35.6m operating price beside £7m of estimated annual owner cash flow. The fleet software handles deliveries and drivers' hours. Around 70% of sales recur. Useful work makes a better starting point than a fashionable label. mrdeepvalue.com/p/mgplc

Put a €338m price on €607m of tangible net assets. Nearly twice the price, after liabilities. This housebuilder's valuation case also includes €61.1m a year in owner cash flow, averaged over five years and after land purchases. mrdeepvalue.com/p/ig

One early Buffett bargain: $7.50 for each $1 of annual profit. In that case, the insurer keeps $18 per $100 of premiums after claims and underwriting costs, versus $3 for its industry group. Six times the margin at that price. mrdeepvalue.com/p/webg

Price the equity at S$23.54m against S$55m of tangible net assets. Less than half their book value, after liabilities. This engineering valuation case also includes estimated annual cash flow of S$5m for owners. mrdeepvalue.com/p/zgl

Suppose $2.19b buys the equity in an iconic US brand with $2.47b of tangible net assets. The historical five-year average of $616m in annual free cash flow puts that price at roughly 3.6 times cash generation. mrdeepvalue.com/p/hd

If you pay $502m for a debt-free oil producer with 416m barrels of proved and probable reserves, $94m of average annual free cash flow over five years puts the price at about 5.3 times. mrdeepvalue.com/p/gkp

¥2.9b was the equity price. Cash and securities after all liabilities came to about ¥3b. Land, buildings and the factory business came on top. The shares cost 0.3x tangible book value. mrdeepvalue.com/p/almetax-ma…

Imagine buying an AI beneficiary for 2.8x FCF. Then discovering its tangible assets are worth roughly the entire market cap. I just found one in Japan. Link in bio...

My deep-value portfolio crossed +30% YTD recently. But here's the weird part: I actively avoid trying to find the next great company. I'd rather find an average company at a ridiculous price. Give me: £20m market cap. £15m of liquid assets. £5m of sustainable free cash flow. A boring business that's survived for 40 years. I don't need to predict what happens in 2035. I need the thing to stay alive long enough for me to get my money back. That's basically my entire investment philosophy. And every week I publish the businesses I find while searching for them.

$18m buys this entire company. It owns $18m of tangible assets. Its brands could be worth another $37m. And the business still produces $3m of annual owner-FCF. This one is published now, link in bio...

I think I just found one of the cheapest AI stocks in the world. It sells NVIDIA-powered AI systems, and trades at 2.8x FCF. Link in bio...

My portfolio was down roughly 8% late last year. Then it went on to reach more than +30% YTD during 2026. Nothing magical happened. The businesses didn't suddenly become better because their share prices increased. And they weren't necessarily worse when the portfolio was falling. That's one of the hardest things about deep-value investing. You buy £1 for 50p. The market offers you 40p. Then 35p. Then, eventually, someone notices the £1. Price volatility is uncomfortable. But it is also the reason the opportunity exists.

AI investors are paying 30x, 50x, even 100x earnings. I just found a 44-year-old Japanese company selling NVIDIA-powered AI systems for 2.8x free cash flow. And that's not even the crazy part... Owner-adjusted EV: ¥5.6bn Tangible assets: ¥11.7bn Owner-FCF: ¥2bn In other words, you're basically paying for the assets and getting the operating business thrown in. Except the "free" business isn't dying. Its main computing division has grown revenue 39% since FY2022. It builds high-performance computers and AI servers for universities, research institutions and industrial customers. One system contains four NVIDIA H200 GPUs and is specifically designed for LLM inference, AI fine-tuning and scientific computing. Last year: Revenue: +1.5% Gross profit: +10.9% Operating profit: +28.6% Management says higher-value proprietary products helped drive the improvement. You can read all about this one now. Link in bio...

The stock price is basically just a sentiment indicator...

This one is quite an interesting little business, although it does have its Japanese 'quirks'... open.substack.com/pub/mrdeep…

You don't need to predict the next Nvidia. You can buy businesses where: The cash is already there. The property is already there. The customers are already there. The FCF is already there. And the market is pricing all of it as though it disappears tomorrow. I publish one of these situations every week.

£14.7m buys this entire UK company. In return you get roughly: £18m tangible assets. £3m average annual owner-FCF. Net cash. A business founded in 1953. That is a 20% FCF yield while buying the assets below liquidation value. It manufactures toiletries. Of course nobody cares.

Imagine owning a dataset built from 330 MILLION human reviews. Then imagine AI suddenly needs exactly that kind of proprietary data. Now imagine the market values the entire company at roughly the value I estimate for that data asset alone. Everything else comes free. That is basically the Yelp situation...