Thread all abt ROLEX - Part 2

[LegolasOnCrack]

Hi bros, I’ve been on the hunt for a 114060. Noticed that the prices have started dipping on this. Any advice on whether it’s a good time to hoot now or wait til it drops further. Thanks a lot in advance.

 

[rlskyline]

is it all rushing to get out but the door is so small so they start early ?

this is a good thing for us. punish the grey

 

[gaoxing84]

Wah can explain further? Hahaha

As a business standpoint, they don't know how to maximize profit and protect customers interest.

They list and sold a watch say at 10k. Next day. They will list the same watch at say 9.5k. The first customer who bought it must have felt cheated.

And they post the lowest price possible. Trying to destroy their own market, that's just dumb.

 

[gaoxing84]

this is a good thing for us. punish the grey

Lol. Why have to say punish the Grey?
Before all the hype. The Greys are the ones who help you offload your watches when you need the cash and can also sell you watches at 20-30% off

Now they are simply selling at what market is asking.

You should say. Screw the AD and flippers.
Then you should also say fk those guys who decided that they are willing to pay above rrp at AD
Always remember, it's AD that are holding the cards. Not Grey.
If AD is willing to sell to anyone, not creating scarcity, you think Grey dealers will be able to sell above rrp?
Grey dealers don't buy at rrp and flip you 2-3x. They buy off flippers and pay market price.

Funny sia. Say punish Grey hahaha wtf

 

[gaoxing84]

To add on, Grey selling hublot, omega, Tudor etc at 30-40% off, never see people say screw them. Lol

 

[gaoxing84]

Hi bros, I’ve been on the hunt for a 114060. Noticed that the prices have started dipping on this. Any advice on whether it’s a good time to hoot now or wait til it drops further. Thanks a lot in advance.

Wait for discount at AD or drop till 5k then you buy. Trust the process.

 

[derkaiser94]

As a business standpoint, they don't know how to maximize profit and protect customers interest.

They list and sold a watch say at 10k. Next day. They will list the same watch at say 9.5k. The first customer who bought it must have felt cheated.

And they post the lowest price possible. Trying to destroy their own market, that's just dumb.

But the same can be said if next day price go up by $500. Then the first customer shoik liao. Aren't what they are doing just selling at market price?

Lol. Why have to say punish the Grey?
Before all the hype. The Greys are the ones who help you offload your watches when you need the cash and can also sell you watches at 20-30% off

Now they are simply selling at what market is asking.

You should say. Screw the AD and flippers.
Then you should also say fk those guys who decided that they are willing to pay above rrp at AD
Always remember, it's AD that are holding the cards. Not Grey.
If AD is willing to sell to anyone, not creating scarcity, you think Grey dealers will be able to sell above rrp?
Grey dealers don't buy at rrp and flip you 2-3x. They buy off flippers and pay market price.

Funny sia. Say punish Grey hahaha wtf

This is very true. I presume Greys will just buy and sell at market price and earn a mark up regardless of where the market is at. Sure when the market is blooming they probably move more quantity but they are not the reason we see 300% over RRP. Haven't yet bought from a Grey but i have no problems buying from one if it suits my purpose. Flippers are the ones that can F right off.

 

[raidorz]

Lol. Why have to say punish the Grey?
Before all the hype. The Greys are the ones who help you offload your watches when you need the cash and can also sell you watches at 20-30% off

Now they are simply selling at what market is asking.

You should say. Screw the AD and flippers.
Then you should also say fk those guys who decided that they are willing to pay above rrp at AD
Always remember, it's AD that are holding the cards. Not Grey.
If AD is willing to sell to anyone, not creating scarcity, you think Grey dealers will be able to sell above rrp?
Grey dealers don't buy at rrp and flip you 2-3x. They buy off flippers and pay market price.

Funny sia. Say punish Grey hahaha wtf

Out of topic but if you replace AD with HDB... LOLOLOL

ISD I not thirsty pls dont invite me drink kopi

 

[derkaiser94]

Hi bros, I’ve been on the hunt for a 114060. Noticed that the prices have started dipping on this. Any advice on whether it’s a good time to hoot now or wait til it drops further. Thanks a lot in advance.

wait till it is at a price you are comfortable paying? nobody knows for absolutely certain if it will go up or down. But Feds just raised interest rates again. personally, im looking for a 116515LN Choc myself but not willing to pay 59k right now. If market continues falling, i'll pick one up down the road. if it goes back up, ill just not get it. have money no need to fomo, lots of other nice things to buy

 

[official_t_atelier]

U talking about retail or pre owned price ?

Pre owned price, retail price quite Chui..

 

[official_t_atelier]

you walk in ask to view, their service top notch. no hard sell because nothing to sell you anyway

Yes my SA there provide good and professional service. It’s true that no hard selling even have watches to sell you then..

 

[official_t_atelier]

this one unfortunately not datograph. it's a 1815

Very swee 1815 Chrono WG black dial 414.028!

 

[official_t_atelier]

Lol. Why have to say punish the Grey?
Before all the hype. The Greys are the ones who help you offload your watches when you need the cash and can also sell you watches at 20-30% off

Now they are simply selling at what market is asking.

You should say. Screw the AD and flippers.
Then you should also say fk those guys who decided that they are willing to pay above rrp at AD
Always remember, it's AD that are holding the cards. Not Grey.
If AD is willing to sell to anyone, not creating scarcity, you think Grey dealers will be able to sell above rrp?
Grey dealers don't buy at rrp and flip you 2-3x. They buy off flippers and pay market price.

Funny sia. Say punish Grey hahaha wtf

Main culprits are the ADs, Grey dealers are the instruments manipulated by them..
At the end of the day, ADs make money while Grey dealers cutting lost..

 

[gaoxing84]

Out of topic but if you replace AD with HDB... LOLOLOL

ISD I not thirsty pls dont invite me drink kopi

lol HDB dont say

 

[gaoxing84]

But the same can be said if next day price go up by $500. Then the first customer shoik liao. Aren't what they are doing just selling at market price?



This is very true. I presume Greys will just buy and sell at market price and earn a mark up regardless of where the market is at. Sure when the market is blooming they probably move more quantity but they are not the reason we see 300% over RRP. Haven't yet bought from a Grey but i have no problems buying from one if it suits my purpose. Flippers are the ones that can F right off.

ya but at least you protect your own client for at least more than a week. if really drop, client see ahh more than a week, client can only say he didn't catch the dip, LLST. but 1 day, wtf.
you could have posted the same price and whatever you sell over the counter is between you and the next client.
that's also why they dont know how to maximise profit at a business standpoint.
you could sell the watch at X amount today, why you cannot sell the same watch at the same X amount? you rather earn less?
at least thats what other grey dealers are doing
anyway, its $500 as an example
highest i ever see was 1.5k within 6 hours. similar watch with same month and year

 

[gaoxing84]

Main culprits are the ADs, Grey dealers are the instruments manipulated by them..
At the end of the day, ADs make money while Grey dealers cutting lost..

AD biggest winner. lol profit margin is 35%
grey, can make 5-8% is lucky liao and they take the most risk.

wanna make noise, go fk the AD, not the greys

 

[gaoxing84]

Yes my SA there provide good and professional service. It’s true that no hard selling even have watches to sell you then..

i no SA, but went in a couple times. great service. offered me the zeitwerk black but it's alittle too much to pay
118k

 

[fury89]

you walk in ask to view, their service top notch. no hard sell because nothing to sell you anyway

Wow their watches also so hot now ?

 

[C4l3b]

AD biggest winner. lol profit margin is 35%
grey, can make 5-8% is lucky liao and they take the most risk.

wanna make noise, go fk the AD, not the greys

Diff ba.. ad got more overhead cost.. from the SAs to the rest of the pple up the chain..all gotta pay salary.

pple also forget greys were great when we could get almost all watches below rrp..

Those who never get always sit on the fence, same like stock market, wait till it gets lower and before u know it boat has set sail.

 

[Damienic]

Diff ba.. ad got more overhead cost.. from the SAs to the rest of the pple up the chain..all gotta pay salary.

pple also forget greys were great when we could get almost all watches below rrp..

Those who never get always sit on the fence, same like stock market, wait till it gets lower and before u know it boat has set sail.

Beside this, AD also has to face a lot of restrictions imposed by Rolex and take their instructions on what they can do and cannot do and whatever amount of watches they can sell is dictated by Rolex and they can’t say they want to sell as many watches as they can. Its not entirely that easy for them too, beneath the glamour as an AD