You are on page 1of 24

Dear Reader:

Our best performing stock recommendation service is available at Half Off till 5 pm on
Monday, 8th November.

We hope you will make the most of this opportunity which could lay the foundation for many
prosperous years ahead!

Wish You A Very Happy Diwali & A Prosperous New Year!

Warm regards,

Rahul Goel
CEO, Equitymaster.com

Ignore what your stock broker, your friend and the "talking
heads" on TV tell you, and...

Get Rich with


Safe Stocks
Some of these 'Safe Stocks' previously
surged 27 times... 33 times...

And one even jumped 44 times!

Dear Investor,

Blue-chips, or Safe Stocks as they are often called, are known


for providing stability and consistent returns.

But please take a look at this now...

Company Name Returns (%)


Tata Motors 565% in 20 months
Infosys Tech 94% in 16 months
GSK Consumer 188% in 18 months
ZEE Entertainment 134% in 16 months

These are just some of the returns that members of a very


privileged group have made - and consistently make - from some of
the market's safest stocks.

And I'm going to reveal all about this group in the next few
minutes... including their recent stock picks.

In fact, of all the stocks that were recommended for purchase to


this group, 82.5% hit their mark.

I know your initial reaction is probably that this number is too


good to be true. To tell you the truth, I felt exactly the same
way when I saw the report on the track record.

But I even got it cross checked by an independent auditor. And as


it turned out, it's absolutely true.

I will shortly share with you complete details about the track
record, including the stock picks that did not work out.

But before that, there's something else you should know...

You've been lied to. . .


You see, if you're like most other investors out there, you too
were made to believe that there are basically only two kinds of
stocks:
1) Safe low-return stocks
2) Risky high-return stocks
If you wanted bigger returns, you were told that there's no other
option but to invest in stocks that involve at least some amount
of risk.

Or else, just settle for the dividends and small returns that the
safe stocks gave you.

What if I told you now that Safe Stocks can make you triple-digit
returns also?

It's true!

And how big could these returns possibly be?

Well, let me give you 3 examples...

We recommended L&T on 5th November, 2002 when it was selling at


Rs 48*. And when we gave a SELL on it in March of this year, it
had risen a whopping 3,311%.

Similarly, Voltas too, which we recommended on 30th June, 2003


returned 2,740% until August of this year when we gave a SELL on
it.

Then we recommended Titan on 21st July, 2003 when it was selling


at Rs 67*. Today the same stock is priced at Rs 2,998.

An increase of 4,402%... and we haven’t recommended a SELL on


Titan yet.

(*Recommendation prices have been adjusted for bonuses and stock splits over the years)

You might say - Such big returns


don't happen every time
Agreed!

But you can make at least double your money from safe stocks
consistently, if not more.

You already saw 3 stocks before that generated 100% or more


returns in less than 2 years.

Apart from those...

Tata Steel gave 187% in 20 months


Bharat Forge gave 223% in 17 months
Indian Hotels gave 109% in 21 months
And there are many, MANY more stocks like these.

So why settle for just tiny returns and dividends, when you can make
100% or more from SAFE large cap stocks easily?

All you need to do is hold the stocks for 2-3 years...

Oh and, you'll also need to do one other thing that most investors
don't!

What books, schools or brokers will NOT teach you. . .


What I'm about to tell you now will be in complete contradiction to
what you hear usually.

You won't hear this from your investor friend, your stock broker or
your fund manager. And you also won't read about it in any financial
magazine or see it on television investing news.

Listen...

Ever since you got into stocks, you must have had many people tell
you that you should always see what the other investors are doing
and take cues!

In other words... if a lot of investors are buying a stock, you can


safely assume the stock is a good one and buy it.

And if a lot of investors are selling a certain stock, you can take
it that the stock has turned bad and sell it away or refrain from
buying it.

But while you may think that you'll become rich investing in stocks
this way, the truth is you won't get anywhere doing what everybody
else is doing.

On the contrary, you'll just end up like most of the investors who
are forced to settle for meagre returns and never make the kind of
money they want from stocks.

To make more money than other investors


You have to do what most other investors won't do
Invest in companies that everybody else is avoiding.
Don't get me wrong - I'm not telling you to invest in bad stocks.
People are obviously avoiding them for a reason.

But sometimes, even perfectly good stocks get ignored due to some
misconceptions. Those are the companies I'm telling you to go after.

Let me explain...

See, we all know there are no better companies than the large caps
when it comes to stability.

Large caps are all well-established companies with stable earnings


and no extensive liabilities.

 They are well-managed and have consistently performed across


business cycles

 They have the resources to not only weather the downturns and
disturbances, but also emerge stronger from them

 Long-term prospects for large caps are outstanding

So the risk associated with large caps is very low, and you can be
assured of steady returns and dividends from them year after year.

However, there's something most people


don't know about large caps. . .
There's a strong belief among investors that large caps are
virtually immune to any and all kinds of problems.

That's not really the case.

The truth is that even large cap stocks go through hardships from
time to time.

The reasons could be anything like:

a. Change in the company's top management


b. Some new initiatives started by the company turning out to be
failures
c. Fall in demand for the company's product in the market
d. Bad economy
e. ...or anything else for that matter
When things like that happen, the demand for the large cap stock
falls temporarily... bringing its price down and making it available
to you at a discount!

This is when you need to act fast and grab the stock.

When you grab good companies for cheap, doubling or tripling your
money with them becomes all the more easy.

Don't believe me?


Just see these 2 examples. . .
Example #1: Indian Hotels

This was a stock recommended at the height of the global crisis in


November 2008.

High inflation, cost pressures, liquidity crisis and regulations


concerning the real estate sector had made funding difficult. This
coupled with unrealistically high land prices and government red
tape was resulting in hotel projects taking longer to fructify.

The slowdown had also led to sharp declines in tourist traffic and
room rates, and that too was impacting the company.

But we kept the long term picture in mind and expected the crisis to
not have any material impact in the company's future over a 3 to 5
year period.

And the stock is up 109% since then.


Example #2: GSK Consumer

We recommended GSK Consumer in February 2009 when the Indian malted


beverage market was seeing stiff competition from new entrants like
Dabur and Hindustan Unilever.

In the midst of all this, GSK initiated a 7% price hike in its


flagship brand 'Horlicks'. It also leveraged its brand power to
launch new variants.

This firmed up our confidence in the company retaining its 70%


market share. Plans to introduce products from its global parent's
portfolio in oral care, energy drink and other segments over the
next 3 to 4 years was the additional sweetener.

So we maintained that despite competition GSK Consumer would be able


to leverage its brand power to emerge stronger and improve returns
to shareholders.

The stock is up 188% since then.

The Real Reason Why People Avoid Large Caps


Regardless of what everybody says...

We believe the main reason why people avoid large caps is because
they aren't aware of this unique, time-tested, highly effective way
of making BIG returns from large cap stocks.

Why else would someone say no to triple-digit returns from safe


large cap stocks?
Of course, others with vested interests (you know who) also force
investors to believe that large caps cannot generate big returns...

Plus, ordinary investors usually won't have the resources to execute


this method properly.

But whatever their reason for avoiding large caps, this gives YOU an
excellent opportunity to multiply your money safely.

Since you're investing in large cap stocks using this approach, you
need not feel that you're taking on too much risk.

Agreed that no investment is 100% guaranteed. Not even large caps!

But with the big companies, you can be confident that they will not
disappear overnight and take your entire investment with them.

Moreover, this approach is based on the time-tested investing


principle of being greedy when others are fearful, and fearful when
others are greedy.

So if done correctly, it is certain to produce profitable results...


as has been proved already in the examples presented to you.

But that said, not every large cap company


will be a good buy
You need to know exactly which big companies are likely to recover
faster and make bigger returns for you... and of course, when is the
right time to buy them.

And this is where Equitymaster comes in...

You see, we've got this Premium research service called StockSelect.

Simply stated...
If you're looking at building a portfolio of blue-chip stocks that
could deliver steady returns over the long term, then StockSelect is
the service you need to be signed up for.
StockSelect tells you which big companies are a "must-have" for your
portfolio... and more importantly, it notifies you as and when
they're available at attractive valuations.

It works on a simple principle - buying great companies at bargain


prices and making staggering returns on them when the company grows
rapidly in a few years.

So with StockSelect, you not only earn consistent dividends but also
big returns from the large caps stocks we recommend.

Take Tata Steel for instance...

We recommended Tata Steel in December 2008, when the stock was


trading a mammoth 80% lower than its 52-week highs!

The stock's underperformance then could be attributed to its balance


sheet that had been loaded with debt on account of the leveraged
buyout of Corus.

While we saw the concerns as being valid, we knew those were far too
exaggerated. Our calculations showed that even if the company's
earnings were to fall by 50%, there would still be enough cash flow
for it to pay for its financial expenses on the debt.

So we remained confident that the company will come out of the


downturn rather unscathed.

And the stock is up 187% since then.

Please understand that we make all our predictions with a 2-3


year period in mind.

However, in some situations, the markets get into action and


bump up the stock price sooner than expected.

In other cases, a market crash leads to the stock price falling


rapidly.
So our advice to you is that you ignore the near-term
variations and focus only on what you could make in 2-3
years time.

Great companies always recover when the storm passes.

So if you buy the blue-chip stocks at the right time, you could
easily make attractive returns over 2-3 years.

Why you can trust us to deliver


We're not stock brokers. We don't gain anything even if you buy the
stocks we recommend.

However, our credibility... and more importantly, our income...


depend on whether or not the stocks we recommend make you money.

Because if you don't make money from our recommendations, you will
simply not renew your subscriptions. Furthermore, you'll also tell
your friends not to sign up for our services.

We don't want that, and that's why we take extreme care while
finalizing the stocks to recommend.

 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 target price and also the
time horizon for achieving the same

That's exactly why over 835,000 registered members (of all


Equitymaster services combined) trust us!

And there's one other thing...

I bet you too, like numerous other investors, were taken aback by
the 'Satyam' fiasco and started wondering how many more companies of
that sort are there in India.

Well, guess what?


Because we meet various companies face to face, do our due diligence
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...

"It's been 5 years since I have been a subscriber to all the


products of Equitymaster (EM).

EM's "power to people" approach is what made me to


associate with them initially. EM's honest, independent and
consistent research on stocks is worth appreciating.

In short, I must say it has been a "rewarding" experience."

-- S R Samratt, a StockSelect subscriber since 2005

Another big reason why our research tends 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 Matrix or ERM which helps quantify the risk
attached to a stock. The ERM is an integral part of our stock
selection process.

Look, you probably understand that no two companies have the same
degree of risk associated with them. 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...

And the ERM is designed just for that!

The ERM 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.

When markets were at their nervous best in late 2008, our Buy
recommendations on ACC, Tata Steel, Corporation Bank and Maruti
Suzuki were backed by our confidence in the low risk profile of
these companies as shown by ERM.

As expected, these stocks went on to multiply our subscribers'


wealth several times.

Again, it is the same ERM that we rely on to quantify the risks we


believe subscribers need to be cautioned about while recommending a
'Sell'.

Given the complex operating environment that Indian business are


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

"I am a subscriber to these services for the past five years. I


realized the value of fundamentals for investment
decisions only after I started using the services of
equitymaster.com.

Earlier, my decisions used to be based on "tips" or "advice


from friends" etc.; Equitymaster taught me to base them on
business fundamentals.

One very good quality of your organization is that I never have


even 5% of doubt about your unbiased approach and your
integrity to the retail investors.

Overall, I value the services offered by Equitymaster.com and I


acknowledge their contribution to make my investment
decisions more scientific."

-- Satish Pendse, a StockSelect Subscriber since 2003

But I won't lie to you -


Sometimes we make mistakes too
Like I said before, StockSelect has an accuracy rate of 82.5%.

That means for every 6 large caps stocks we recommend through


StockSelect, 5 hit their target.
So there's 1 stock out of every 6 that does not perform as expected.

Now, there's no doubt that we recommend a stock only when it meets


all the required parameters.

But sometimes... despite having all those valid reasons for


recommending the stocks... the assumptions we make turn out to be
incorrect.

For example, here are 2 stocks that didn't do like we expected them
to...

1) Raymond:

The Indian textile industry had just broken the shackles of the
quota regime. The government's benign subsidized loan scheme for
this sector made it more appealing. What better time to recommend
one of the most established names in Indian textile manufacturing
and retailing? This was the thought behind our 'HOLD' recommendation
on Raymond way back in September 2006.

The company then had a reasonable debt to equity of 0.7 times and
net profit margin of 15% which was one of the best in the sector.
Since then the stock corrected by 67% (on a point to point basis)
until we recommended a Sell on it in September 2008.

Despite having recovered some losses in 2009, till date the stock is
down 17% from the price at which we recommended a HOLD.

While our judgment of the management's ability to takeoff the joint


ventures with foreign partners was faulty, forex losses on sales as
well as external borrowings aggravated the matter.

Economic recovery in the developed markets too did not shape up too
well over the last two years. The management still remains quite
unsure of where its focus lies.

2) Glenmark Pharma:

Glenmark has fallen around 49% since the time we recommended the
stock in September 2008.

There were several reasons why the stock did not perform as per our
expectations.

The global economic slowdown impacted Glenmark considerably in the


financial year ended March 2009. As a result, revenues from most of
its key geographies i.e. US, semi-regulated markets and Latin
America declined. Delay in product approvals from the US FDA and
some setbacks on the R&D front did not help matters either.

Plus, the company's net profits were bogged down by higher interest
costs.

The truth is, despite making all the efforts to be as accurate as


possible, there will always be factors that we can't control.

But all said and done, you can rest assured that when you receive a
research note from us, it is our honest opinion about the stock -
based on certain time-tested criteria and assumptions.

"I would want to acknowledge the fact that Equitymaster is


ACTUALLY REALLY GENUINE in its research, SELFLESS
and not giving recommendations with a HERD mentality !! Like
some magazines and news channels do..."

-- Nishank Mehta, a subscriber since 2009

So here's what all you get by subscribing to StockSelect. . .

52 Blue-chip Recommendations in a year


Every Friday, we'll send you a StockSelect report recommending a
Buy/Hold/Sell on one large cap company.

In this report, we will provide you detailed and extensive analysis


of the company along with our expert opinions.

Look...

Even though large cap companies are a dime a dozen, it's still
important to know which stocks are the right stocks and what is the
right price and time to buy these stocks.

StockSelect tells you just that!

Consider the case of Bharat Forge...


Or take Bharat Forge, one of India's largest and technologically
most advanced manufacturers of Forged & Machined components...

We recommended this stock in April 2009. The company was then facing
serious issue on the balance sheet front as it had loaded the same
with debt.

Our view was that the company was soon to get a return on the
expansion it made using this debt. We expected the company's
domestic operations as well as foray into other segments to minimize
the impact that sharply lower exports were having on its overall
business.

While we agreed that the company was no doubt struggling to grow at


rates that it has managed to do in the past, we thought the fall in
stock price was much exaggerated.

And the stock is up 223% since we recommended it.

By subscribing to StockSelect, you'll be notified of 52 exciting


Blue-chip Buy/Sell opportunities at the right time.

You can then explore the opportunities further if you like, and pick
a final list of blue-chip stocks to invest in.

In addition to these, we also release special reports from time to


time on attractive large caps opportunities.

Fast action takers will benefit from these reports also.

"As regards the positives....the reports are very


comprehensive, logical and the analyst seems to have a
good understanding of the industry and the firms biz model
which I have found lacking in most other reports and
recommendations that I come across.

Also it compares the company with their peers too in the


market. These days whenever I think investment in stocks
...my 9 year old son Chirag has an opinion but he also insists
that I look up the opinion of Equitymaster too !!!..

So you see your team has a lot of credibility not just in this
generation but also in the future generation."

-- Tarun Malkani, a StockSelect Subscriber since 2007

Ongoing Research on
The Companies Recommended. . .
And we don't just recommend some companies and forget about them.

At the end of each quarter we review all the stocks that we


recommended during the six month period prior to that.

We provide subscribers our latest analysis on all those


recommendations... and whether we maintain our views on them or have
changed the same.

We illustrate in detail our reasons for maintaining the stance or


change in stance, and finally summarize all of those into a table as
you can see below:
Apart from these quarterly reviews, another thing that forms part of
the "ongoing coverage" is the Quarterly Result Analysis that we
write for all companies under coverage... wherein we also mention
whether the results are in line with our estimates or not, and
whether we maintain our view on the stock or not.

Given that the markets are likely to remain bumpy for some more
time, this kind of information can come in very handy.

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

"I appreciate your dedication in giving periodic reviews and


outlook/current recommendations. This is a stand out feature
in your basket!"

-- Srinivasan S, a StockSelect Subscriber since 2008

S-Features
These are articles and reports that are available to our premium
subscribers only.

We release over 800 of them every year.

You might understand that there a lot of factors influencing the


stock price, most of which need to be monitored regularly. So from
time to time, we release instant reports and updates on various
companies.

These articles include excerpts of management meetings, extracts of


conference calls, updates on the happenings in a company and our
personal views on it, and so on.

This is all "unadulterated" information and it will serve as a


valuable input for your investment decision.

The 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 the all the stocks that
you own (and also the stocks that don't own but only wish to
track).

 Plus, you can also track your SIPs and get NAV alerts for the
mutual fund schemes with Portfolio Tracker now

But wait...

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.

In a nutshell, these reports help you answer questions like -


a. Should you be buying stocks from the automobile sector or the
consumer products sector? Do you have too much of cement stocks
in your portfolio?

b. Which stocks deserve your maximum attention?

c. Is the construction of your portfolio in line with what a smart


fund manager would have?

d. ...and so on

Here's what one long-time user had to say about Portfolio Tracker:

"I have been using the Equitymaster Portfolio Tracker since


2002 and have found it very useful to track my investments,
and also to carry out meaningful analysis.

Moreover, what is equally important, I have found the team at


Equitymaster extremely responsive.

This applies both to requests for the inclusion of new Mutual


Fund Schemes/Scrips as also designing new reports."

-- Jose Rodrigues, a member since 2002

The Portfolio Tracker usually costs Rs 330 for a year. But by


subscribing to StockSelect, you get it absolutely FREE.

"How to Plan Your Equity Portfolio":


Our Recently Released Asset Allocation Guide
Our experience shows us that a majority of new investors fall into
two main categories:

A. Those that primarily aim for big returns and often take
unnecessarily risks to achieve the same

B. Those that are overly particular about safety and often forgo
excellent money-making opportunities just because there's a
slight bit of risk involved

The truth is... if you want to make to lead a RICH and HAPPY life
with the money you make from your stock investments, you must learn
to tread the middle path between the two.
Therefore our intention through this guide is to help you allocate
your investments properly... to not just give you a chance of
maximizing your stock market returns but also keep the risk involved
to a minimum.

So after reading this guide, you will FINALLY know how to distribute
your investments between large, mid and small caps stock... apart
from a lot of other things.
And this guide, too, will be available to you FREE when you
subscribe to StockSelect.

The Equitymaster Yearbook 2011 (CD Version):


Be among the first to get it
An extremely popular publication, the Equitymaster Yearbook, is a
guide consisting of financial analysis and business profiles of the
leading 200 companies in India.

It helps you understand the long-term trends associated with each


company and sector, and thereby plan your investments intelligently.

For each of the 200 selected companies, the Yearbook provides a full
page of financial and other important data, conveniently tabulated
under relevant headings with a host of important ratios.

And apart from this, you also have detailed notes on over 20
sectors, the Indian economy, mutual funds and a lot more.

Simply put, this Yearbook offers accurate, unbiased and detailed


data on leading companies, sectors and economy all in one place...
and there's no other resource that offers all this information
together.

That's why it's something every investor must have.

The Yearbook costs Rs 750 to buy separately. But if you subscribe to


Equitymaster through this offer, you get it absolutely FREE.

And very shortly, we'll be releasing the 2011 version of the


Equitymaster Yearbook. We have put an order for a limited number of
CDs, and they will be given out on a first-come-first-served basis.

So if you sign up now quickly, you can reserve your copy of the *NEW
YEARBOOK* right away... and be among the first to get it too.
Please Note: The Equitymaster Stock Market Yearbook 2011 CD will be
delivered by 15th December 2010. It will be delivered only to
addresses in India. So if you happen to be an NRI residing outside
India, you could instead have the CDs sent to a friend or relative's
address in India and then relayed to you from there.

Free subscription to
The Daily Reckoning . . .
Are you someone who's interested in monitoring or even investing in
the global markets?

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!

When you subscribe to StockSelect, you automatically get a free


subscription to the Daily Reckoning also.

- - - And I've saved the best news for last - - -


You might be thinking all this would cost a lot, but no!

The price of StockSelect is normally Rs 5,000 per year, which is


anyway not much to pay for a service like this.

But for the next 5 days, you can subscribe to StockSelect for Rs
2,450 only.

At more than half-off!

And, you can sign up at this highly discounted


price and test-drive StockSelect 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 full fee you paid. That's a
promise!

However, you must act quickly.

This offer will close at 5 pm on the 8th of November. And after


that, the subscription price of StockSelect will also go back up to
the usual Rs 5,000.

So to summarize, here's all you get by signing up to StockSelect...

 StockSelect subscription for Rs 2,450 only... (less than 50%


of actual price)

 Equitymaster Yearbook 2011 CD worth Rs 750

 Special Reports from time to time

 Quarterly reviews of our recommendations

 S-Features

 The NEW Portfolio Tracker

 Our Special report - "How to Plan Your Equity Portfolio"

 FREE subscription to 'The Daily Reckoning'

Try StockSelect without any risk. . .


Look, StockSelect has an extremely good success rate of 82.5%, and
you'll also be investing in the some of the market's safest stocks
by subscribing to it.

Plus, you've also got nothing to lose...

If you make use of this offer, you can subscribe to StockSelect at a


highly discounted price, and try the service for 30 days without
risk.

During this one month, you'll get 4 current issues of StockSelect...


plus access to archives of all the previous issues.

After going through the current and past issues, you should have a
good idea of whether StockSelect is for you or not.

If you don't like what you see, just let us know before the 31st day
and we will refund the entire price - no questions asked.

So you have at least 2 good reasons to sign up for StockSelect NOW:

 To get your subscription to StockSelect for just Rs 2,450


instead of the usual price of Rs 5,000

 To get first access to our new Equitymaster Yearbook 2011 CD


costing Rs 750 for FREE

Why delay any more?

Sign up now! Click here!

Regards,

Rahul Goel
Chief Executive Officer
Equitymaster.com

P.S.: This offer will close at 5 pm on 8th of November. So sign up


before then to get...

 Subscription to StockSelect for just Rs 2,450 (usual price = Rs


5,000)
 A free copy of the new Equitymaster Yearbook 2011 CD worth Rs
750
 Our Special guide - "How to Plan Your Equity Portfolio"
 ...and much more!

P.P.S.: There's a 30-day money back guarantee on this offer. So sign


up and at least see what StockSelect is all about. If you don't like
it, we'll give you a FULL refund anyway.

P.P.P.S.: Here's what another subscriber has to say...

"I am a subscriber to StockSelect, MidcapSelect & Hidden


Treasure.

Equitymaster has really shown its skill in finding the PICKS much
before others do.
I know that it is not so easy for an analyst to 'pick up' ahead of
others always.

BUT YOUR RESULTS INDICATE THAT THE TEAM WORKS


HARD."

-- Satya Pal Gupta, an Equitymaster Subscriber since 2005

P.P.P.P.S.: If you have any queries, please do not hesitate to


contact us at +91-22-61434055 or Write in to us. We will be
delighted to assist you!

*Returns have been calculated as on 30th August 2010 or on the date of Sell Recommendation, whichever is applicable.

Please read the Terms of Use. To Unsubscribe, click here.


Equitymaster Agora Research Private Limited
103, Regent Chambers,
Above Status Restaurant,
Nariman Point, Mumbai - 400 021. India.
Telephone: 91-22-6143 4055

Subscribe Now!

You might also like