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Watch Part V


Carbon82
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1 hour ago, Dp26 said:

I’m on the other side of this. Not saying I’m an expert but I think low i/r might be here to stay for some time. 
 

The question that follows then should be what is low? Compared to what? 

Will be shiok to see people get squeezed on the way overpriced watches they have bought and are holding to flip

 

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6 minutes ago, Throttle2 said:

Will be shiok to see people get squeezed on the way overpriced watches they have bought and are holding to flip

 

But how ?? When all the major brands like Rolex, Patek , AP are all like “pakat-ing” or in cahoots 

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10 minutes ago, BanCoe said:

But how ?? When all the major brands like Rolex, Patek , AP are all like “pakat-ing” or in cahoots 

Its got nothing to do with the Brands themselves.

its the noob market.  Anything can be speculated

Prices coming off has happened before although not in big magnitude . But becos prices didnt escalate that fast that much either.

good luck to all.

image.jpg

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1 hour ago, Throttle2 said:

Its got nothing to do with the Brands themselves.

its the noob market.  Anything can be speculated

Prices coming off has happened before although not in big magnitude . But becos prices didnt escalate that fast that much either.

good luck to all.

image.jpg

Is like the share market, what goes up will need to come down eventually, the question is much and how soon…

The big demand from the China market is fuelling this craziness I read, pple there are throwing the apartments and going into watches…

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Was at a reseller today and overheard a client(mid 20s?) saying in the line of “oh I still have 20/30 Rolexes to sell at home” 

left the place for kopi with a friend and have 2 different tables besides me 20s and 50ish talking about buying Rolexes. 🤷🏼

 

The demand and flipping is very real! 

 

and all these was before lunch yesterday where a table of 4 youngish kids (18-22?) across my table wearing Rolexes and AP and PP ordering lots of (ex) food and whipping up their camera to film for their FB IG TikTok whatever.
They look like good rich kids though in their mannerism and behaviour(soft and polite) but just very loud branded head to toe. (LV cap Chanel bag to CL shoes) 

 

everywhere just screaming “a lot of money” to me this weekend. 

Edited by Dp26
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12 hours ago, Dp26 said:

Was at a reseller today and overheard a client(mid 20s?) saying in the line of “oh I still have 20/30 Rolexes to sell at home” 

left the place for kopi with a friend and have 2 different tables besides me 20s and 50ish talking about buying Rolexes. 🤷🏼

 

The demand and flipping is very real! 

 

and all these was before lunch yesterday where a table of 4 youngish kids (18-22?) across my table wearing Rolexes and AP and PP ordering lots of (ex) food and whipping up their camera to film for their FB IG TikTok whatever.
They look like good rich kids though in their mannerism and behaviour(soft and polite) but just very loud branded head to toe. (LV cap Chanel bag to CL shoes) 

 

everywhere just screaming “a lot of money” to me this weekend. 


Did it scream style and class to you? Or just plain old money? 😄

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18 hours ago, Throttle2 said:

Its got nothing to do with the Brands themselves.

its the noob market.  Anything can be speculated

Prices coming off has happened before although not in big magnitude . But becos prices didnt escalate that fast that much either.

good luck to all.

 

But now, I feel prices have really escalated to ridiculous level - take for instance the rolex panda...i was looking at it from 40k, ..then 50k, and now 60k.....in a matter of months. And MSRP retail is at 18k if I am not mistaken!! If this is not crazy, I am not sure what is!!! is not rose gold or vintage or full gold watch...is just a SS..

I think some pple is going to get burnt badly if the roof comes down...but the million dollar question is will it come down???

haiii....went down to AD yesterday to have a look and see what is available....only full gold on display and available...😭

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12 hours ago, Dp26 said:

Was at a reseller today and overheard a client(mid 20s?) saying in the line of “oh I still have 20/30 Rolexes to sell at home” 

left the place for kopi with a friend and have 2 different tables besides me 20s and 50ish talking about buying Rolexes. 🤷🏼

 

The demand and flipping is very real! 

 

and all these was before lunch yesterday where a table of 4 youngish kids (18-22?) across my table wearing Rolexes and AP and PP ordering lots of (ex) food and whipping up their camera to film for their FB IG TikTok whatever.
They look like good rich kids though in their mannerism and behaviour(soft and polite) but just very loud branded head to toe. (LV cap Chanel bag to CL shoes) 

 

everywhere just screaming “a lot of money” to me this weekend. 

I was there too...... I was the table wiper .... bet you didn't recognise me 🤣

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12 hours ago, Dp26 said:

Was at a reseller today and overheard a client(mid 20s?) saying in the line of “oh I still have 20/30 Rolexes to sell at home” 

left the place for kopi with a friend and have 2 different tables besides me 20s and 50ish talking about buying Rolexes. 🤷🏼

 

The demand and flipping is very real! 

 

and all these was before lunch yesterday where a table of 4 youngish kids (18-22?) across my table wearing Rolexes and AP and PP ordering lots of (ex) food and whipping up their camera to film for their FB IG TikTok whatever.
They look like good rich kids though in their mannerism and behaviour(soft and polite) but just very loud branded head to toe. (LV cap Chanel bag to CL shoes) 

 

everywhere just screaming “a lot of money” to me this weekend. 

18-22 , sometimes must also give credits to them.

at least they know how to "invest" at that kind of age, altho you need a rich parent

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1 hour ago, Dannnn said:

18-22 , sometimes must also give credits to them.

at least they know how to "invest" at that kind of age, altho you need a rich parent

18-22 ... open a box full with rolex vs full with panerai and simi hublot big bang ... 

one laughing to bank ... one rushing to toilet vomit ... [laugh] 

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2 hours ago, Throttle2 said:


Did it scream style and class to you? Or just plain old money? 😄

Nope. Not my type. 
 

but looks like old money to new fashion! 

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Cheap cheap, just buy lah

First Tudor in full solid gold, green on green on gold beating Rolex to it.  In house COSC Tudor movement. 
 

can lah, chin chai buy lah.

installed on my own green strap much nicer than original strap

image.jpg

Edited by Throttle2
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2 minutes ago, Spurman said:

Looks bronze.

Lol.

 

Hahah only to noobs

there is only one green gold. 
 

Too much money , chin chai buy lah, aiyah.😂😎

Edited by Throttle2
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On 1/19/2022 at 8:09 PM, Spidey10 said:

Sorry to hear that Bro...

maybe set a target date, say by June this year! Am sure the watch will still be around...and by that time, recoup yr loss...

feel you man! 3 yrs ago I lost 40k during one of the downturn, cut my losses! And extended my retirement year by 3 yrs..😰😰

Heh heh….

image.jpg

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40 minutes ago, Throttle2 said:

Hahah only to noobs

there is only one green gold. 
 

Too much money , chin chai buy lah, aiyah.😂😎

Nb. Hee. Chin chye also not cheap leh. 20kish?

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