his does not constitute investment advice.

Returns mentioned
herein are in no way a guarantee or promise of future returns.
Stock market investments are subject to market risks.

Discover The Profits That Lie Hidden

In Unusual and Little Known
Small Companies
After more than 7 years of picking out
high-potential small companies, Equitymaster reveals
the secret to truly "striking it rich" with small caps
One such stock pick turned Rs 10,000 into Rs 84,600
Another turned Rs 10,000 into Rs 252,300
Read on to find out more...
Dear Reader,
Consider the following investment scenario for a moment...
Around the 15th of this month, you receive a recommendation from
Equitymaster for a relatively unknown and under-researched small
cap stock.
This stock may not be talked about much in the media, your stock
broker may not have enough information on it, and it may not be
the focus of any discussion with friends.
But still, largely because it is Equitymaster that's recommending
the company, you decide to play it safe and invest a tiny-winy
portion of your money in it. You know, just in case.
And then, silently the company continues to grow behind your
back.
As you grow older, the company also grows old with you... moving
up in value and price -- doubling, tripling, and quadrupling
during this period.

Then one day in the not so distant future, when you've probably
even forgotten that you own shares of this "once unknown"
company, it surfaces as one of the leaders in its industry...
Handing You Returns Of
1,000% or More Effortlessly!

Is something like this really possible?

Yes, it certainly is!
In December 2004, Cera Sanitaryware Ltd. was a little known small
cap stock available for just Rs 16.4 a share.
Not many people expected it to grow the way it has, and therefore
not many bothered to invest in it.
But by cashing in on the increasing demand for stylish high-end
bathroom fittings, and coming up with a business model that set
it apart from all its competitors, the company succeeded in
growing its business rapidly.
As a result, its stock price increased from Rs 16.4 in 2004 to Rs
1,779.7 in December 2014. And those who invested in Cera
Sanitaryware in 2004 ended up making a whopping 10,785% on it
till 2014.
So if you had invested just Rs 10,000 in it in 2004, it would
have been worth Rs 1,088,500 by 2014!
And this is not a one-off case either. Take a look at the table
below...
Change in share prices over 10 years

Company

Dec-04

Dec-14

Change

Mayur Uniquoters Ltd.

1.5

428.7

28,174%

Ashiana Housing Ltd.

1.0

198.9

20,370%

Kitex Garments Ltd.

2.8

510.1

17,923%

Rollatainers Ltd.

3.7

460.0

12,372%

La Opala RG Ltd.

3.7

453.9

12,334%

Hawkins Cookers Ltd.

33.6

3,687.1

10,890%

Cera Sanitaryware Ltd.

16.4

1,779.7

10,785%

Butterfly Gandhimathi Appliances Ltd.

2.5

221.8

8,770%

Atul Auto Ltd.

7.7

675.7

8,725%

Vinati Organics Ltd.

5.7

430.1

7,507%

Past performance does not guarantee future results.

Now before we proceed, let me clear one thing:

Please note that none of the above small caps were

recommended by Equitymaster in 2004. We are just giving them as
examples to show what's possible with small cap stocks in the
long run.
And later on in this letter, I will actually share with you some
small cap stocks that WE recommended, and how well they've done.
But getting back to the original point...
What was the common thing in all these small companies
that set up huge profit windfalls for their investors?

Though not many people knew, all these companies were already
leaders in their own sub-niche or the small area of the industry
they operated in.
And thus, they were much better prepared than their peers for
managing explosive growth in the years to come.
So when the demand for their product grew, they were able to
provide a much better service than all of their competitors and
quickly established themselves as the go-to guy in their niche.
And the rest as they say, is history.
It's true! Most of the companies you saw in the table above are
pretty well known in India today. But at one time they were not
so well known.

They all started out small, established themselves as the leader

in one main area where their expertise lay, and then diversified
into other areas.
Imagine how much you would make if you found out all such highpotential small companies early, and invested in them while
they're still in their infancy?
Given the uncertain nature of small caps, we cannot and should
not expect every small cap stock to be an out-and-out winner.
But we know that small caps are fast movers, and that the
movement quickly shows in their stock price.
So assuming you manage to pick 5 'reliable' small cap stocks,
even if just 3 out of the 5 manage to endure the market
uncertainties and turn multi-baggers, you will be rich!
And that is what our small cap recommendation service, Hidden
Treasure, aims to help you do.
Grab Reliable, High Potential Small Companies
For Ridiculously Low Prices

Did you ever find yourself thinking, "I wish I had invested
in Pidilitewhile it was still young?" Or even in Titan for that
matter?
These were once-unknown-small companies that have grown rapidly
in the last decade to become household names in India today.
But there was no way you could have known that sooner... until
now...
Through Hidden Treasure we're providing you opportunities like
that today.

The stocks we reveal through Hidden Treasure are companies that

are either under-researched or not covered by other stock brokers
and research firms.
There's no other authentic source of LONG-TERM recommendations on
such companies. And whatever else is available is biased.
I understand that small caps may not comprise a big portion of
your portfolio. But that doesn't mean you don't need to think
about them at all.
This small part of your portfolio does the KEY job of maximizing
your returns...
That's Why You Need To Be EVEN MORE Careful
In Choosing Your Small Cap Stocks

We launched Hidden Treasure in February 2008 with a view to

provide profitable Small Cap recommendations.
But "profitable" doesn't necessarily mean 300% returns in one
week.
We have always said and still say that you should look at small
caps from the long-term perspective.
"Equitymaster has made me more and more richer every year since
my association with them. It has given me more wealth than my
professional career. Convey my best wishes to all 52 members at
Equity Master."
- Dr C V Ajmera, a Hidden Treasure Subscriber since 2011

The stocks we recommend through Hidden Treasure are strong

companies and we recommend them not because we believe they will
flourish in a month or two, but over a minimum period of 4 to 5
years.
We reveal reliable small companies through Hidden Treasure as and
when they're available at a bargain... giving you the opportunity

to snap them up early and set yourself up for huge gains when
these stocks soar.
However, considering the risks that small companies carry, you
should realistically not expect each and every recommendation to
be an out and out winner.
Plus, whenever the market crashes, small caps are the first to
bear the brunt of it.
So these are some things you need to understand and acknowledge
when you invest in small caps.
But despite all these drawbacks, we believe our Hidden Treasure
service has actually done quite well.
Our 7-Year Hidden Treasure experience

It was on 15th February, 2008... i.e. a little over 7 Years back,

that we picked out our first Small Cap Stock.
After much deliberation, in-depth research and testing it across
multiple factors... we found it to be an excellent opportunity.
So we recommended a select group of investors to Buy it, and
monitored it for them constantly.
Keeping them updated on its performance. Ensuring that our
assumptions were right and the company was strong on its growth
path.
The efforts paid off!
Our First Small Cap Stock recommendation gave our subscribers an
impressive 93% return in 2 years 6 months.
A quite satisfactory beginning to many more successful small cap
picks in the years to come.

On the whole, our 2008 stock picks gave our subscribers returns
like:
Returns Booked

Investment Period

250%

In 2 Years

110%

In 2 Years 4 Months

93%

In 1 Year 8 Months

217%

3 Years & 11 Months

Past performance does not guarantee future results.

After that...
We saw many more smart investors joining our small cap recommendation service and benefitting from our research.
We saw our research team spending many more hours scrutinizing obscure but fundamentally strong small caps.
We had teams visiting various cities across the country, meeting various management teams and picking out even more profitable small cap picks!

And the same good trend continued in 2009 also... despite both
these years witnessing some of the biggest market crashes.
That's right!
So, even from our 2009 picks, we saw many exciting returns like:
Returns Booked

Investment Period

288%

In 2 Years & 5 Months

124%

In just about 7 Months

Past performance does not guarantee future results.

Our subscribers were ecstatic! And the Market was exciting.

"Very good unbiased recommendations. All the reports of
recommendations are in depth and very good. Overall when one see
the site one can easily understand the fundamentals of investing.
Very useful. The main thing is equitymaster can be trusted.
Overall my experience has been very good."
- Raghunathan Srinivasan, a Hidden Treasure Subscriber since 2010

The year 2010, on the other hand, turned out to be tumultuous for
the entire small cap index. And our subscribers too couldn't
escape its effects.

But starting 2011, we were back to booking profits again...

From our 2011 stock picks, we booked profits like 139% in 7 months, 100% in 1 year 1 month, 82% in 1 year 2 months, 241% in 3 years 3 months and 140% in 4 years.
Further, from 2012 picks, we have booked returns like 123% in 3 months and 166% returns in 2 years to name a few.
Coming to our 2013 picks, believe it or not, ALL of our 2013 Buy Recommendations have given at least double-digit returns till now! And we have closed 3 positions
recommended in 2013 with not just double but triple-digit returns.
And what about 2014? Well, these are still early days to talk about the 2014 recommendations, but 3 of them have already given 126% in 11 months, 79% in 4 months
and 133% in 1 year 3 months.

So the service has performed well over time and today, it's One
Of Our Most Popular Services!
In fact, one of our best recommendations, eClerx Services, has
given an amazing return of 2,423% in 6 years... and
another, Balkrishna Industries,has given 746% in 5 years 5
months...
And they are both still not closed too!

eClerx Services

Past performance

does not guarantee future results.

*Returns have been calculated with respect to 31st March 2015

Balkrishna Industries

Past

performance does not guarantee future results.

*Returns have been calculated with respect to 31st March 2015

So with thousands of subscribers and a solid track record... we

can confidently say that our research process works!
"I have been with equitymaster for nearly 20 years - happy to
have made a lot of money - Really investor friendly and
independent analysis. Compliments to Research team."
- Dildar Singh, a Hidden Treasure Subscriber since 2012

But at the same time, we don't want you to get the wrong picture.
Not all Small cap stocks will jump up too much... too quickly!
However, the most important thing is that even if 3 out of every
5 small caps eventually manage to endure the market uncertainties
and turn multi-baggers, you will be rich!
And that is what we want to help you achieve through our Hidden
Treasure service.
Take a look at some more of the returns made by our Hidden
Treasure recommendations:

Stock Recommended

Change

Nitin Fire Protection Ind.

139% in 7 months

Elgi Equipments

250% in 2 Years

KPIT Cummins Infosystem

288% in 2 years & 5 months

V-Guard

123% in 3 months

Page Industries

4,392% in 6 years 2 months (and still not closed)

Past performance does not guarantee future results.

It's for this reason that Hidden Treasure has been One Of Our
MOST POPULAR services over the last couple of years.
And we want YOU also to be one of the people to benefit from it.
So today, we have got something Extra Special for you. . .

See, the usual price of Hidden Treasure is Rs 5,000 per year.

But for the next few days, you can get Hidden Treasure at More
than 60% Off... or Just Rs 1,950 for a One Year Subscription.
And then, there's also a 30-day, 100% moneyback guarantee on this
offer.
So, you can sign up at this price and test-drive Hidden Treasure
for a full 30 days.
If you don't like it, get in touch with us before the 31st day,
and we'll refund the entire fee you paid. That's a promise!
But you must act quickly.
This offer will close soon, and then you will have to pay the
FULL price to sign up for Hidden Treasure.
Here's What All You Get
By Subscribing to Hidden Treasure. . .

Once every month, we will notify you of an exciting small cap

opportunity through our monthly Hidden Treasure report.

The report we send will tell you why we think this stock would be
a good buy at that point, and it will also clearly explain the
pros and cons of investing in that company.
As you will know, good reliable small companies are very scarce
and it also takes a lot of time and research to find them.
"Equitymaster is comprehensive, trustworthy, is replete with rich
and well-intended analysis. It may go wrong - but no malefides
only bonafides. Intentions of serious research are loud and clear
as the church bells. I respect their analysis with healthy
skepticism."
- Bhushan Akerkar, a Hidden Treasure Subscriber since 2013

Equitymaster analysts have to go through many more hoops to find

the few small cap gems that exist.
And since it's OUR reputation at stake here, we also have to meet
with the managements of different companies and organise trips to
various cities every month to make sure we're accurate in our
predictions.
All this takes time, and therefore just the one new
recommendation per month.
But in addition, every month we will also publish the Top Small
cap stocks you could buy at that point.
Plus, you also get:

Quarterly results review of all Open Hidden Treasure

recommendations

Performance review every month in our report

Special updates on the recommendations as and when required

Why you can trust us to deliver . . .

We've been in this industry for a LONG time. In fact, we were the
first Indian entity in the finance domain to venture onto the
Internet.
We've been in this industry for a LONG time. In fact, we were the
first Indian entity in the finance domain to venture onto the
Internet.
And now, we have completed over 19 years online.
Today we have over 1,484,807 members from 71 countries worldwide
who trust us!
But at the same time, we are NOT stock brokers. We don't gain
anything even if you buy the stocks we recommend.
However, almost all of our income comes from the fee we charge on
our stock recommendation services. And so it's extremely
important to us that the stocks we recommended make you money.
That's why...

All our recommendations are supported by thorough research we list out the reasons to buy and also the investment
concerns that we foresee.

We travel far and wide to meet companies before we put out

reports on them

For each stock, we clearly state the rationale behind

selecting that stock, the target price and also the time
horizon for achieving the same.

And finally, because we meet various companies face to face,

ask tough questions and continuously track our
recommendations... we reduce the risk of a Satyam like
situation emerging in stocks that we recommend.

Here's what one subscriber had to say about our research...

"I am member of Equitymaster since 2008. Time & again they have
provided unbiased reports in all market conditions. Their reports
always ensure that we investors take an informed decision with
rationale thinking rather than being swayed away with the market
sentiments."
- Shailesh Mistry, a Hidden Treasure Subscriber since 2011

Another reason why our research turns out to be

accurate more often than not . . .

You see, most investors take the return on stock investment to be

the key yardstick while deciding whether or not to buy a stock.
But legendary investors like Benjamin Graham and Warren Buffett
have always maintained that 'evaluation of risks' should be given
as much importance as 'estimation of returns'.
It is in this direction that our research team has developed the
Equitymaster Risk MatrixTM or ERMTM which helps quantify the risk
attached to a stock. The ERMTM is an integral part of our stock
selection process.
Look, we all know that no two large, mid or small cap companies
have exactly the same degree of risk. Even if they operate in the
same sector, their business dynamics, managements and valuations
are different.
That's why it is important to evaluate the risk involved in each
case separately.
Now the ERMTM is a matrix designed to evaluate the key risks
attached to a business, it financial history and its management.
It ranks not just the company but also the sector in which it
operates based on its relative risk profile.
How the ERMTM made and saved
our subscribers money. . .

When markets were at their nervous best in late 2008 and early
2009, our Buy recommendations on Page Industries, eClerx, and
KPIT Cummins were backed by our confidence in the low risk
profile of these companies as shown by ERMTM.
As expected, these stocks went on to multiply our subscribers'
wealth several times.
And it was THIS risk matrix that helped us identify the best
stocks to recommend to our subscribers when several of them were
looking attractive.
It did so by acting as one of the tools used for eliminating the
bad stocks, so that we recommend only the good stocks.
But that's not all...
Again, it is the same ERMTM that we rely on to quantify the risks
we believe subscribers need to be cautioned about while
recommending a 'Sell'.
"I am very satisfied with the services offered by Equitymaster.
If I have to pick one very positive thing than that would be
unbiased recommendations on stocks. The new tool of valuation
using ERM is very helpful.
If I can ask for one specific intervention or better service, it
would be when should one really book the loss, if we get some
sort of an alert to really act on sharp declines that would be
helpful to us."
- Parthiban A, a Hidden Treasure Subscriber since 2008

Given the complex operating environment that Indian business are

aspiring to be a part of, we believe the ERMTM can offer immense
value to investors seeking to maximize their long term returns by
without taking on too much risk.

But I won't lie to you Sometimes we make mistakes too

Like we made a mistake in recommending MIC Electronics in July

2009...
The key reason for our belief in the company was its prominent
presence in the fast growing LED lighting space, where it is a
market leader in India. The company had grown strongly in the
past and its balance sheet also appeared good.
However, despite our good expectations, the company failed to
capitalise on the growth opportunity. In fact, it lost a major
order from one of its key clients.
Then, we also had some issues with the company's disclosure
levels.
Over that, the management's silence on the several issues facing
the company had been deafening.
Given this, we recommended our subscribers to sell the stock, at
a loss of 45% from our recommended price.
And apart from MIC Electronics, there were some other companies
also that did not do as per our expectations and closed at a loss
like:
Company name

Loss %

SREI Infrastructure Finance Ltd.

-71%

Ahluwalia Contracts (India) Ltd.

-60%

Bartronics India Ltd.

-32%

Innoventive Industries Ltd.

-83%

Past performance does not guarantee future results.

But what these incidents have done is that they have made us even
more careful now with respect to our Hidden Treasure
recommendations.

So like I said initially, you

you invest in to be a winner.
in enduring the ups and downs
back whatever you lost in the

can't expect every small cap stock

But even if a few of them succeed
and turn multi-baggers, you'll make
other stocks... plus a lot more!

Okay?
And here's what else you get by subscribing to Hidden Treasure...
Easy-Access "Installable" Version of
Equitymaster's Stock Market Yearbook

Every year, we publish the latest and

exhaustive data on Top 300 companies. Plus, a wealth of
information on over 20 sectors, the Indian economy, mutual
funds... all, in one place.
This invaluable information serves as a ready-reckoner for any
smart investor.
Available in an easy-access installable version and a PDF version
as well, this Yearbook provides the latest data that could help
you make smart investment decisions.
Priced at Rs 750 normally, you will get the 2015 Edition right
away... Absolutely Free!

And guess what? The 2015 Yearbook is also an installable version.

So you can install it on your computer just once and get any
information you need on the included companies with a few clicks
of your mouse.
"How to Plan Your Equity Portfolio":
Our Hugely Popular Asset Allocation Guide

Now there is a very important thing you

need to know while investing in stocks... And that is asset
allocation.
Asset allocation is the key to having a well diversified
portfolio. It is what protects your investments and ensures their
growth irrespective of the changes in the market.
A well diversified portfolio is one where your stocks are
properly spread out across different market caps and different
sectors.
Our extremely popular asset allocation guide will help you
understand the ideal mix of stocks in your portfolio, so that you
can minimize your losses and maximize your small cap returns.

And you can get this guide absolutely FREE when you subscribe to
Hidden Treasure now.
Portfolio Tracker

The Portfolio Tracker is an online utility that helps you track

all your equity and mutual fund investments in one place! It's
online, and is available to you 24 hrs a day.
You just have to enter the details of stocks or mutual funds
owned by you ONCE... and Portfolio Tracker will show you what
your entire portfolio is worth AT THAT MOMENT anytime you log
into it.
Furthermore...

You can set your account to send you automatic end-of-week and end-of-month performance updates for all your
portfolios.

You can set up priced based alerts for all the stocks that you own (and also the stocks that don't own but only
wish to track).

Plus, now you can also track your short-term equity or derivative trades, SIPs and even get NAV alerts for the
mutual fund schemes with Portfolio Tracker

But what makes the Portfolio Tracker the indispensable tool that
it is are the intelligent reports" that come along with it.
You see, we at Equitymaster have spent a considerable amount of
time trying to understand how the fund managers who invest for
the long-term track and review their portfolios.
And it is the relevant learnings from this exercise that we have
translated into reports.
So you can now also generate customized intelligent reports for
your stocks or portfolio, to understand how a certain market
event could affect them.

We believe this feature is what sets Equitymaster's Portfolio

Tracker apart from all the other trackers out there.
And the Portfolio Tracker usually costs Rs 330 for a year. But by
subscribing to Hidden Treasure, you get it absolutely FREE.
What's more, the Portfolio Tracker can also be accessed on your
mobile now.
Yes! And you don't need to install anything on your mobile too.
Just go to our mobile site and access the Portfolio Tracker with
ease.
Free subscription to
The Daily Reckoning . . .

Now you can read what knowledgeable investors across the globe
read every single day for global market analysis and investment
ideas.
Yes, we are delighted to bring you 'The Daily Reckoning', a daily
financial e-column by Bill Bonner, Publisher and Editor, and
three-time New York Times best-selling author.
The Daily Reckoning is published every day in 3 languages from
offices in 6 countries - US, UK, Australia, France, Germany,
South Africa.
Now, it's India's turn... and your turn to get it for FREE!
If you're someone who's interested in investing in or even
monitoring in the global markets, you'll find the Daily Reckoning
extremely useful.
And last but not the least...
The Equitymaster Research Digest

In case you're wondering how you're going to keep track of ALL

the research we publish through Hidden Treasure...

You'll be glad to know that we now release a weekly email titled

The Equitymaster Research Digest" which gives you a roundup of
all the research published under different services relevant to
you during the week.
Yes, so you never have to worry about missing any of our
recommendations and any other updates with respect to those
services.
However, the Research Digest isn't just about compiling
everything in one place...
We believe that an informed investor always manages to grow his
wealth better than an uninformed investor.
That's why we also use the Research Digest as a medium to educate
you on what's happening in the broader markets and other assets
like gold, commodities, etc. too.
This helps you fine-tune your strategy in line with the economic
climate at that time, unlike uninformed and unaware investors who
are almost always one step behind.
Then if we've met any companies lately, or if there's some
interesting discussion going on within our research team with
regard to some company, we also tell you about it in the Research
Digest.
And last but not the least in the Research Digest, we also
regularly discuss the letters we've received from our readers or
subscribers in the past one week.
And no matter those letters were of praise or criticism, we never
shy away from talking about them and explaining our side of the
story to you.
Here's what some subscribers had to say about the Research
Digest...

"The Weekly Digest started by you is very appreciating as it

helps investors like me to understand things easily (thanks a lot
to the simple & lucid language being used). I hope you come out
with more such stuff."
- Hemen Shah, an Equitymaster Subscriber

"Some people are throwing their money in the 'Equity Market'

without knowing the real status of the companies and later they
will feel sorry for that.
I honestly appreciate "The Equity Master Research Digest" and I
feel that people who are watching this 'weekly digest' will
surely have immense benefit out of it."
- S. Sridharan, an Equitymaster Subscriber

So again, you'll never have to worry about missing any important

research from Hidden Treasure or any of our other services you're
subscribed to.
You can just click on a link in your email, and get the full
information whenever you want.
And You Can Get All This At More Than 60% Off. . .
For Just Rs 1,950!

A year's subscription to Hidden Treasure usually costs Rs 5,000.

But if you act now, we will give you your Hidden Treasure
subscription for Rs 1,950 only.
This is More than 60% Off on the normal price!
Seriously, Rs 1,950 is probably way less than what you spend on
all the phone calls to your broker, the money you pay to watch
the noise on your television, and all the newspapers and
magazines you buy hoping to find good investment opportunities.

And none of these other things can provide you unbiased and
reliable small cap recommendations like Hidden Treasure.
But with a subscription to Hidden Treasure, you can be rest
assured that whenever we come across little known, high potential
small companies, we will notify you of them right away.
Here's what two of our subscribers had to say about Hidden
Treasure...
"Your Hidden Treasure is a beacon of light in these troubled
times. I am happy I took the right choice."
- P. S. Sathyamurthy, a Hidden Treasure subscriber since 2008

"I have been investing in the market since the last 5 years and
have been a lifetime member of Equitymaster since the last three
years. I have found their advice to be quite unbiased. One good
thing about them is that they are constantly trying to bring in
new services via research and analysis which is helping me to get
an objective view on the market. I hope that they bring about
more expertise in the mutual fund market also. I trust them
because they have the transparency to go back and review the
performance of their recommendations."
- Prashanth Nair, a Hidden Treasure Subscriber since 2011

And now, meet the brain behind

Hidden Treasure. . .

If you remember, I told you before how

uncovering hidden and reliable small caps is a very difficult
task.
You are first required to do back-breaking research on various
companies in the small cap sphere. And then, also traverse the
length and breadth of the country to meet with the people in
charge personally.
Richa Agarwal, the Managing Editor of Hidden Treasure, along with
her team meets dozens of managements face to face every year.
And this is after pouring through the data and details of
hundreds of small companies.
Having degrees in both finance as well as engineering has helped
Richa greatly in picking the most deserving candidates for small
cap service, and analyzing their business models and associated
risks.
You see, Richa believes that paying a slight premium for widemoat companies is better than looking for cheap bargains that
sometimes turn out to be value-traps.
It is filters like these that have helped Richa and her team zero
in on companies like Page Industries and e-Clerx much before they
became well-known entities.

And made Hidden Treasure an extremely popular service with

subscribers.
As the Managing Editor of Hidden Treasure, Richa constantly
scours the small cap universe for fundamentally strong small
companies trading at a discount.
And if she comes across any attractive looking companies, she and
her team do further diligence on them and recommend them to you
only when they have ascertained that everything's good.
But despite all this,
I have to warn you about something. . .

There are some cases in which Hidden Treasure and small caps may
NOT be right for you.
For instance, if you're nearing retirement or have already
retired, I don't recommend putting all of your retirement money
into small caps.
Small caps are for those who are ready to take some risk to make
big returns.
While you can make a lot of money from small caps, you can also
lose a lot of it very quickly.
Just one good small cap stock could be enough to make you very
rich. But to find that one small cap stock, you might have to go
through a few duds as well.
Therefore every small cap investor needs to understand this and
plan his or her small cap investments wisely.
And that's what Hidden Treasure can help you with!
So To Summarize, Here's All You Get By Signing Up To Hidden Treasure Now...

Hidden Treasure for just Rs 1,950 (Normal price = Rs 5,000

for 1 year)

12 well researched and High Potential Small Cap Buy/Buy-ata-Lower-Price recommendations over the year!List of Top
small cap stocks you could buy every month

Free Performance review every month

Quarterly results reviews of these recommendations

Special updates on the recommended stocks as and when

required

Equitymaster's easy-access Installable Stock Market

Yearbook 2015 edition. Worth Rs 750, this is invaluable data
on top 300 companies of India.

Our Hugely Popular Asset Allocation Guide Free

Free access to our "Intelligent" Portfolio Tracker worth Rs

330 per year

Free Subscription to The Daily Reckoning

Again, you get all this at ZERO risk . . .

We had sent our subscribers a recommendation to invest in Page

Industries on 15th January 2009.

Page Industuries

Past performance

does not guarantee future results.

*Returns have been calculated with respect to 31st March 2015

So far, this stock has given a return of 4,392% in 6 Years 2

months.
And it's still not closed!
So if you had invested just Rs 10,000 in this stock when we
recommended it, your investment would be worth Rs 449,200 now and
still going strong!
This is the money-making potential of small caps that the Hidden
Treasure wants to help you tap!
So the price of Hidden Treasure should not be an issue anymore.
And like I already said, you can try Hidden Treasure without any
risk for a full 30 days.
If it turns out that you don't like it, just let us know before
the 31st day and we'll refund the entire fee you paid. No
questions asked!
Sounds good?

In any case, I suggest you act fast because...

a. The volume of small cap shares traded is usually very low,
so getting in early can make a difference. By subscribing to
Hidden Treasure now, you get that advantage.
b. Through this offer you can get 1 Year of Hidden Treasure for
just Rs 1,950 instead of the usual Rs 5,000... which will be
the case till for the next few days only.
So don't squander this opportunity...
This offer will close soon.
Hidden Treasure (12 months)
Our Price : Rs 5,000 Rs 1,950. You Save Rs 3,050!

Hidden Treasure (24 months)

Our Price : Rs 10,000 Rs 3,450. You Save Rs 6,550!

Hidden Treasure (36 months)

Our Price : Rs 15,000 Rs 4,450. You Save Rs 10,550! Best Offer!