Thread all abt ROLEX

[fatbastardx]

This kind of posts and conversations only serve to fuel the panic in the market... Human nature to be kiasu and fear of missing out. That explains the grey market prices.

Just relax guys. Let the global situation play out. You may be presented with a great opportunity a few months down the road, and even if buy from grey market, better prices.

 

[billovee]

This kind of posts and conversations only serve to fuel the panic in the market... Human nature to be kiasu and fear of missing out. That explains the grey market prices.

Just relax guys. Let the global situation play out. You may be presented with a great opportunity a few months down the road, and even if buy from grey market, better prices.

now economic getting very bad, not sure the price will crash or not.

 

[bwaysaikryptonite]

yes chiu see there was tis Uncle buy full gold President and start thanking teh AD next day he gotch offered sports model in tis game

 

[fatbastardx]

now economic getting very bad, not sure the price will crash or not.

What do you think? If history is anything to go by, yes grey market price will drop.

 

[billovee]

What do you think? If history is anything to go by, yes grey market price will drop.

unless their reserves $$$ very strong.

 

[fatbastardx]

unless their reserves $$$ very strong.

Or they print unlimited amounts of paper money again. QE4.

 

[fatbastardx]

unless their reserves $$$ very strong.

Just to clarify, I am not referring to RRP. RRP has never dropped at all in Rolex history. I am referring to market prices. Market prices could be grey dealer's prices, could be amount of discount given by AD. It's the going rate on the street.

Rolex market pricing is not just confined to Singapore. If global Rolex market prices drop, Singapore will surely follow. No matter how strong our reserves are.

That's good news if we in Singapore are able to keep our jobs and houses and income and yet benefit from global drop in Rolex market prices.

 

[ahhjiee]

Quite lucky they force you buy date just. Heng not air king

Datejust is truely ugly in my opinion. Maybe they should consider stopping production for datejust

 

[adgjl321]

BNIB Datejust 41 with the gorgeous blue dial (who say's it's ugly?!). Both oyster and jubilee fresh in. Also have a Tudor Bucherer Black Bay for sale.

 

[billovee]

Just to clarify, I am not referring to RRP. RRP has never dropped at all in Rolex history. I am referring to market prices. Market prices could be grey dealer's prices, could be amount of discount given by AD. It's the going rate on the street.

Rolex market pricing is not just confined to Singapore. If global Rolex market prices drop, Singapore will surely follow. No matter how strong our reserves are.

That's good news if we in Singapore are able to keep our jobs and houses and income and yet benefit from global drop in Rolex market prices.

Definitely refering to global market grey pricing.

If local sell too ex, all will go oversea buy.

That is internet world now

 

[Kusanagi]

do you guys think that big name grey dealers borrow from banks to operate?
if they don't, i really dont see how this whole "system" (buying low, selling high) will fail. so long as they have holding power, i dont think they will crash. a drop in price during economic uncertainty, sure. but crash like having grey dealers shuttered? i think worst case scenario is them moving to online only platforms

 

[Raynon]

now economic getting very bad, not sure the price will crash or not.

If mkt crash, its best time to buy stock, not watch

 

[fatbastardx]

do you guys think that big name grey dealers borrow from banks to operate?
if they don't, i really dont see how this whole "system" (buying low, selling high) will fail. so long as they have holding power, i dont think they will crash. a drop in price during economic uncertainty, sure. but crash like having grey dealers shuttered? i think worst case scenario is them moving to online only platforms

It's also opportunity costs in keeping their cash in watch inventory.

When other asset prices fall, they may want to release some of that cash to put into other more profitable assets, hence they will fire sale some of their watch inventory.

 

[youngmummyemily]

Waiting list, how far now ah?

 

[fatbastardx]

If mkt crash, its best time to buy stock, not watch

Equities, property, currency, etc

 

[Kyo_kusanagi86]

Waiting list, how far now ah?

at least 2-5years onwards. Also good la, give you time to slowly save up.

 

[Beta_Tester]

Think maybe u praise AD, or tell them ur bday, anniversary etc maybe u will get allocated? Read from FB one.

 

[fabiaN__]

Think maybe u praise AD, or tell them ur bday, anniversary etc maybe u will get allocated? Read from FB one.

Lol seen too many on FB.. wonder if it's true.

 

[Kyo_kusanagi86]

Lol seen too many on FB.. wonder if it's true.

This is true...praise the boss and SA and tag everyone... and get everyone to like your comment. You will get the allocation, someone got the Panda steel daytona recently if I recall.

 

[hwaa]

must learn how to write super long and bombastic essay leh.