Thread all abt ROLEX - Part 2

Damienic

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Visited my SA today. According to her, while their bosses haven’t exactly make known intention whether to participate in the CPO program, her own views seems to point to a rather unlikely scenario of them going for it. Some issues that might mean a lukewarm response to the CPO program includes:
1)The high Bucherer prices in Europe might not work in SG market
2)The pre-owned Rolex pieces need to be sent to Rolex Geneva for their assessment, servicing and overhaul (if necessary) before they can issue the certificate for it. All these cost is likely to be borne by the AD and if so, it eats into otherwise already thin margins since the buy back of these pieces are at a high and they are unlikely able to sell in Singapore at the levels Bucherer is selling in Europe
So kind of hinting that if the profits doesn’t make sense, it probably doesn’t make sense for THG to participate.
 

allrise841

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Visited my SA today. According to her, while their bosses haven’t exactly make known intention whether to participate in the CPO program, her own views seems to point to a rather unlikely scenario of them going for it. Some issues that might mean a lukewarm response to the CPO program includes:
1)The high Bucherer prices in Europe might not work in SG market
2)The pre-owned Rolex pieces need to be sent to Rolex Geneva for their assessment, servicing and overhaul (if necessary) before they can issue the certificate for it. All these cost is likely to be borne by the AD and if so, it eats into otherwise already thin margins since the buy back of these pieces are at a high and they are unlikely able to sell in Singapore at the levels Bucherer is selling in Europe
So kind of hinting that if the profits doesn’t make sense, it probably doesn’t make sense for THG to participate.
Dont keep going RH find your friend leh
 

startel

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One more thanking all the Gods after getting the chance to buy a Tudor Royal lol
The self acclaimed want to attain God status quo. Soon the hardcore followers will bring incense and flowers to kowtow on 初一,十五。

These followers believe their prayers will be answered by reciting 经文 on fb. The all mighty will bestow the allocation when the time is ripe.
 
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Damienic

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no leh.. this mth haven go yet cozzzzzzzz they wun get their stocks so fast ma... lol
Yep usually about 2nd week of the month onwards. I think the guy who collected the watch yesterday is probably from Nov shipment and maybe due to travelling only has time to come down and collect yesterday.
 

C4l3b

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Are you the one sitting at the next table to me yesterday evening collecting the SS blue dial Skydweller? 😉😂
Oh man..I thot it’s my turn for that blue Skyd.. 😂😂 so someone has just collected.. was it a jubilee or oyster bracelet?
 

Damienic

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Oh man..I thot it’s my turn for that blue Skyd.. 😂😂 so someone has just collected.. was it a jubilee or oyster bracelet?
Oh dear….pls don’t ask her about it….was not supposed to share….later they say I kaypo…😓 it is a jubilee bracelet…
 

Damienic

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how will the AD know since the card don't have AD name now? unless the seller so stupid post the serial number
Beats me….maybe the seller post his/her email address on the ad? All customers have an email address registered in the AD customer database.
i was seated and chatting with my SA when one of the lady staff came to her and say “this person flipping the Panda at 48k”. SA asked her staff to confirm the exact customer detail and then say “ok this will be flagged”. So I casually asked “customer kena blacklisted for flipping ah?”
 

C4l3b

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Oh dear….pls don’t ask her about it….was not supposed to share….later they say I kaypo…😓 it is a jubilee bracelet…
Lol.. no la I won’t ask.. if it’s Nov allocation, She probably decided for me what to collect first. 🤣
 

soilwork

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Been awhile guys! I was recently drawn to the Rolex CPO program. So my own thoughts
1) first step was when they mandated stop issuing names and dealers on the warrenty, all stickers will be removed aka all watches sold are second hand

2) now they are just authorising AD to take in pre own so doesn’t that mean they will and can just buy back on the spot (for bundle etc) and re list the watches as 2nd hand and charge at premium price?

3) suddenly when the second hand prices are dipping, they announce this. Could it be to officially let their dealers become legit 2nd hand dealers to buy and sell at premium prices? Who’s the winner?

Maybe with added certification, they can commend an even higher premium lol and yes I don’t think grey priceswill collapse or what

Just my thoughts hor. I could or should be wrong but I like to think think about all these and do my own assumption for my own pleasure.

In all, can afford or u like >> buy and enjoy. Don’t think so much. We only live once and will never be winners in this game

:)
 
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