Strongest El Niño in 18 Years announced.
Typically El Niño years coincide with deficient monsoon rains.
Read this link for more details
http://www.wunderground.com/blog/JeffMasters/el-nio-of-2015-hits-alltime-record-strength-for-a-1week-period
Disclaimer:- Sold off Kaveri with huge loss 
Raj,
I think it will be fair to say that we helped each other build conviction along with all the other valuepickrs who chipped in as well. Valuepickr is all about collectively contributing to each others success!
As stock pickers, we know only too well that there are always lingering doubts to any investment thesis, & it is at such times that we may be helping each other perhaps without even realizing!
I do believe that some very smart investors are beginning to find Cupid attractive even at current levels, so hang in there guys, Cupid looks like it's headed higher! Having said that, a bit of profit booking along the way may not be such a bad idea, but then to each, his own.
Trade receivables on consolidated basis have further increased to Rs 199 cr as at 30/09/2015 from Rs 176 cr as at 31/03/2015.
When Company predominantly sold on cash & carry basis in Q1, such increase in receivables is not very clear and does it mean they have not managed to collect the outstanding receivables as at March 2015? Was there any discussion on these aspects in the concall.
Discl: Not invested.
Stock fell as they cut guidance for FY17.
They were earlier guiding for 90 lakh cotton packets (guided in q1 call), now reduced guidance to 25% growth over FY16 which translates to about 70 lakh packets.
Guidance reduced because they expect no growth in cotton acreage next year, expect tough conditions to continue for next year also.
Disclosure- Reduced a bit after poor q1 but still holding the rest shares.
Yes, as I mentioned, as per the management,it was not due to BT cotton seeds. I think, if i remember correctly, farmers did not follow some guidelines while planting.due to which plants were infected with pets
there was follow up question but I dont remember exactly 
Hi,
I had also bought this stock last year but have been lucky to sell after results. My learning has been that I saw many positives like low PE, a good brand in the making, railways opportunity, supplier to OEMs, huge runway given low penetration of ACs, etc. but later realized that their main business of consumer durables is highly competitive and it will be a huge struggle for them to improve margins. I didn't feel comfortable as I couldn't see a long term competitive advantage which could be sustained. It can still go to 1000 and beyond but it isn't my cup of tea.
Cheers
Rajesh
You are entitled to your view. But please remember, even Corporate giants have fallen because of inadequate disclosures and shareholders now do vote with their feet.
This is an issue of 'quality' and perception cannot be quantified
Friend you are doing a good job. Can you add more flavor to KSK Energy post? (or for matter all the post). Why would the real show in 2016 change and what is PPA of TN and UP? OR are you doing it on respective threads and I should check there?
Thanks
GreyCells
This should be viewed in light of possible IPO for Quess. There were news report of conflicts between Thomas Cook's management ( aka Fairfax ) and Ajit Isaac. There we were - Prem Watsa's standing their and not able to fork out Quess with Ajit in it, Ajit Isaac not wanting to have long term commitment without having significant stake in it and minority shareholders waiting for IPO 
.
In this context , I view it as solution to grid lock so we all could march ahead.
Second, Mr. Isaac is putting 1 million shares for 8 year lock in. So we can be reasonably assured of Mr. Isaac being with Quess till 2023. if Adecco had similar deal for him when buying PoepleOne , we might not have got Quess. Mr. Isaac can move out and rebuild it all over again on his own.
Then, I doubt if I would have liked any rights issued to me with more than 1 year lock-in period.
In the over all context and bigger plans of Thomas cook, I would be in favor of TC resolving matters fast. My bigger worry would be if they do not fork out Quess or keep repeating same mistake in future.
Disc - Invested
Thanks for the notes from the concall.
There was a news item on the white fly attack on crops in Punjab. Because the pesticides had no effect on the crops grown from BT Cotton seeds, there was talk of govt screening the seeds in future. Was there any discussion about this in the concall?