Thread all abt ROLEX

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adgjl321

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It's all up to Rolex.

They may increase RRP by 10% but if they increase the supply to the pre-2015/16 (?) levels, the grey market price, which is way more than 10% above current RRP, will definitely crash.

In fact, before the supply drought era, the grey market's value proposition was not so much about availability but more about offering at a better price than AD.

One constant to the equation throughout pre and post supply drought era though is the mysterious AD/grey relationship:
- When supply is adequate, grey can manage to get supply and sell cheaper than AD.
- When supply is inadequate, grey can still manage to get supply and sell at a premium.

Can't help but wonder what are the kickbacks involved for AD or whether the ADs have their own shadow grey biz to always be on top of things..
No need think so much boss, supply will not increase. Rolex factory already at max capacity producing 1m watches a year
 

Kusanagi

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It's all up to Rolex.

They may increase RRP by 10% but if they increase the supply to the pre-2015/16 (?) levels, the grey market price, which is way more than 10% above current RRP, will definitely crash.

In fact, before the supply drought era, the grey market's value proposition was not so much about availability but more about offering at a better price than AD.

One constant to the equation throughout pre and post supply drought era though is the mysterious AD/grey relationship:
- When supply is adequate, grey can manage to get supply and sell cheaper than AD.
- When supply is inadequate, grey can still manage to get supply and sell at a premium.

Can't help but wonder what are the kickbacks involved for AD or whether the ADs have their own shadow grey biz to always be on top of things..


its really a cash game
when supply is adequate, more often than not, it simply mean that times are tight
if grey is cash rich and can afford to hold, ADs would gladly sell to them because AD still needs to show Rolex that they are performing



when supply turns inadequate, greys would have cashed out on the stock bought during the oversupply, and the cycle repeats
 

hwaa

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noobkia

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I waited 1 month, but I have previous purchase history of just one watch 3 years ago. I Can’t be that high up on the priority list so the answer I came up with why so short wait for me is this YM is not popular amongst vips.

How long is usually the wait time? I put myself on hour glass wait list for 6 mths already. But no sound no picture..
 

All in a Day

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its really a cash game
when supply is adequate, more often than not, it simply mean that times are tight
if grey is cash rich and can afford to hold, ADs would gladly sell to them because AD still needs to show Rolex that they are performing



when supply turns inadequate, greys would have cashed out on the stock bought during the oversupply, and the cycle repeats

Not really true.. grey dealers can get a decent supply of the new models like GMT2 which was not even launched yet during the so-called oversupply.

What is probably true is that grey help AD to clear non/slow moving stock (much more than what a consumer can do) and in exchange:
- during oversupply, AD gives his Rolex sports models to the grey at cheap price and grey sell to end consumer below AD price but still can make money
- during shortage, AD gives his Rolex sports models to the grey at retail price and grey sell at premium

The part which I cannot understand then is how grey sell off the non/slow moving stock that they helped the AD to offload. I honestly don't think the premium they charge on the Rolex sports in grey market can cover the costs, more of cut loss..

The only logical conclusion I can come out with relates to money laundering, where buy high sell low or losing some money is not an issue to the source of fund..
 

RMCWMR

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I think the ADs may have some back door deals with some grey dealers.. cannot be grey dealers keep having stocks despite the drought.. and ADs keep going out of stocks the moment stocks are in.. does not make any sense.. or ADs choose to sell to certain groups of consumers only..

Well just my speculation...
In fact i heard rumours AD only sell to grey dealers and not to ordinary folks no more. Coz grey dealers usually have a deal with the AD where they buy 1 or 2 less popular rolex model for every submariner or sports model sold. Good deal for ADs. Otherwise every ordinary folks would just buy the sports model while they will be left with alot of less popular models
 

GrizzlyBear

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In fact i heard rumours AD only sell to grey dealers and not to ordinary folks no more. Coz grey dealers usually have a deal with the AD where they buy 1 or 2 less popular rolex model for every submariner or sports model sold. Good deal for ADs. Otherwise every ordinary folks would just buy the sports model while they will be left with alot of less popular models

But why don’t the AD just offer to do this bundle arrangement with everyone instead of just the grey dealer?
 

All in a Day

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But why don’t the AD just offer to do this bundle arrangement with everyone instead of just the grey dealer?

Most likely grey dealer bundle is higher volume. E.g. (I have totally no idea), buy 10 watches for 3 sports Rolex.

Even if the volume is similar to what a consumer can deal, very likely the grey dealer means repeated business for the AD. E.g. every month can do combo deal with you. Which normal consumer can sustain every month buy 2 DJ for 1 sports Rolex?

Or put it this way if you are AD, you prefer to wait for many different consumers to individually do one-off combo deals with you or you just deal with the grey that you already have a good relationship with and assured pipeline?

I guess that is the hard truth.. these are called luxury watches because they ARE ultimately meant to be out of reach unless you got the deep pockets..
 

carey

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I waited 1 month, but I have previous purchase history of just one watch 3 years ago. I Can’t be that high up on the priority list so the answer I came up with why so short wait for me is this YM is not popular amongst vips.

Just now I was at Watch Palace - saw 2 guys buying SS Rolexes

1 guy bought 2 Deepseas (the salesman hid the watches by taking them off the counter top when I walked in)

Another guy bought an Explorer 2

The sales lady who attended to me said the Explorer guy waited very long for it

She didn't say about the DS but hinted my wrist could fit the watch - so she put my name on the interest list
 

billovee

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Most likely grey dealer bundle is higher volume. E.g. (I have totally no idea), buy 10 watches for 3 sports Rolex.

Even if the volume is similar to what a consumer can deal, very likely the grey dealer means repeated business for the AD. E.g. every month can do combo deal with you. Which normal consumer can sustain every month buy 2 DJ for 1 sports Rolex?

Or put it this way if you are AD, you prefer to wait for many different consumers to individually do one-off combo deals with you or you just deal with the grey that you already have a good relationship with and assured pipeline?

I guess that is the hard truth.. these are called luxury watches because they ARE ultimately meant to be out of reach unless you got the deep pockets..

why not say AD = Grey

Grey = AD ?

"Grey" can be created one.

真真假假
假假真真
 
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All in a Day

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why not say AD = Grey

Grey = AD ?

"Grey" can be created one.

真真假假
假假真真

I wouldn't rule it out per my earlier posts.

Not really true.. grey dealers can get a decent supply of the new models like GMT2 which was not even launched yet during the so-called oversupply.

What is probably true is that grey help AD to clear non/slow moving stock (much more than what a consumer can do) and in exchange:
- during oversupply, AD gives his Rolex sports models to the grey at cheap price and grey sell to end consumer below AD price but still can make money
- during shortage, AD gives his Rolex sports models to the grey at retail price and grey sell at premium

The part which I cannot understand then is how grey sell off the non/slow moving stock that they helped the AD to offload. I honestly don't think the premium they charge on the Rolex sports in grey market can cover the costs, more of cut loss..

The only logical conclusion I can come out with relates to money laundering, where buy high sell low or losing some money is not an issue to the source of fund..

It's all up to Rolex.

They may increase RRP by 10% but if they increase the supply to the pre-2015/16 (?) levels, the grey market price, which is way more than 10% above current RRP, will definitely crash.

In fact, before the supply drought era, the grey market's value proposition was not so much about availability but more about offering at a better price than AD.

One constant to the equation throughout pre and post supply drought era though is the mysterious AD/grey relationship:
- When supply is adequate, grey can manage to get supply and sell cheaper than AD.
- When supply is inadequate, grey can still manage to get supply and sell at a premium.

Can't help but wonder what are the kickbacks involved for AD or whether the ADs have their own shadow grey biz to always be on top of things..
 

Kyo_kusanagi86

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Just now I was at Watch Palace - saw 2 guys buying SS Rolexes

1 guy bought 2 Deepseas (the salesman hid the watches by taking them off the counter top when I walked in)

Another guy bought an Explorer 2

The sales lady who attended to me said the Explorer guy waited very long for it

She didn't say about the DS but hinted my wrist could fit the watch - so she put my name on the interest list

Try the Rolex at Chinatown.... easier.
 

Kyo_kusanagi86

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The good old Tudor cost only $175 in the 1980s. Affordable I would say.
6zz5D9Ul.jpg


Sent from Xiaomi MI 9 LITE using GAGT
 

Handsome_guy

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I currently own a all black GMT. Now this model is discontinued and price increase quite a lot.

So should I hold or sell?
 

Cryophoenix

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Carousell have a lot of subs and GMT but need to send for authentication before buying. Also need to pay a bit above RRP. :o
 
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