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 Impact of Covid-19 on Watch ADs in KL

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friedricetheman
post Aug 10 2020, 10:54 AM

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QUOTE(rx330 @ Aug 10 2020, 09:24 AM)
ah... shud have gotten this chick puller

I prefer the rubber, pulled nothing but lint

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To each his own. Lol.

I already have a rubber strap watch. Also I don’t like the stiff Rolex oyster flex due to the reinforced titanium insert.

I prefer the vulcanised rubber on my AP ROO as it is much softer.
pgsiemkia
post Aug 10 2020, 11:09 AM

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QUOTE(selinix @ Aug 6 2020, 08:38 AM)
Malaysia ADs also depend on china tourists for rolex watches, those non steel models especially
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Nah, local buyers also need to wait, nothing to do with CCP tourists. The steel models fly off the shelf themselves.
friedricetheman
post Aug 10 2020, 11:15 AM

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Deleted post. Mistaken a watch for a fake. Much apologies to the owner.

This post has been edited by friedricetheman: Aug 10 2020, 11:53 AM
friedricetheman
post Aug 10 2020, 11:26 AM

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QUOTE(pgsiemkia @ Aug 10 2020, 11:09 AM)
Nah, local buyers also need to wait, nothing to do with CCP tourists. The steel models fly off the shelf themselves.
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Yup. Correct. China have been buying up the world stock.
rx330
post Aug 10 2020, 11:56 AM

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QUOTE(friedricetheman @ Aug 10 2020, 11:26 AM)
Yup. Correct. China have been buying up the world stock.
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I think currently due to FOMO
everybody buying lolek at ridiculous prices.... doh.gif
pgsiemkia
post Aug 10 2020, 12:00 PM

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China tourists the most can buy 1 or 2 per person unlike LV bags which all resell when back home. You can’t go to any AD and say I want to buy 10 steel watches or more even with cash.
friedricetheman
post Aug 10 2020, 12:19 PM

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QUOTE(rx330 @ Aug 10 2020, 11:56 AM)
I think currently due to FOMO
everybody buying lolek at ridiculous prices....  doh.gif
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Yup. That’s why I am getting out of Rolexes. Can’t buy any steels unless I buy a watch a month to maintain my “relationship” with the AD.

QUOTE(pgsiemkia @ Aug 10 2020, 12:00 PM)
China tourists the most can buy 1 or 2 per person unlike LV bags which all resell when back home. You can’t go to any AD and say I want to buy 10 steel watches or more even with cash.
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They used to buy Rolexes in bulk though.
pgsiemkia
post Aug 10 2020, 12:31 PM

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QUOTE(friedricetheman @ Aug 10 2020, 12:19 PM)
Yup. That’s why I am getting out of Rolexes. Can’t buy any steels unless I buy a watch a month to maintain my “relationship” with the AD.
They used to buy Rolexes in bulk though.
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Heard that's why wata got their distributionship pulled. There was a syndicate buying then shipping them out to Japan. I was even asked to deliver a bag of Rolexes as I used to travel to Japan and other countries without being asked too many question being a Security auditor for an american company.


friedricetheman
post Aug 10 2020, 01:20 PM

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QUOTE(pgsiemkia @ Aug 10 2020, 12:31 PM)
Heard that's why wata got their distributionship pulled. There was a syndicate buying then shipping them out to Japan. I was even asked to deliver a bag of Rolexes as I used to travel to Japan and other countries without being asked too many question being a Security auditor for an american company.
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I didn’t know that. No wonder there was a shitload of Rolex steel sports watches in the market in Japan.

I took this picture on my latest trip to Tokyo end of last year before the lockdown.


selinix
post Aug 10 2020, 01:20 PM

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QUOTE(pgsiemkia @ Aug 10 2020, 11:09 AM)
Nah, local buyers also need to wait, nothing to do with CCP tourists. The steel models fly off the shelf themselves.
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My point is that the ccp are the main buyers for all the non hot models of rolex, the diamonds and golds.. We all noe the steel one don even appear in shelf, sits inside the safe. Lol
pgsiemkia
post Aug 10 2020, 01:33 PM

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QUOTE(selinix @ Aug 10 2020, 01:20 PM)
My point is that the ccp are the main buyers for all the non hot models of rolex, the diamonds and golds.. We all noe the steel one don even appear in shelf, sits inside the safe. Lol
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That's what I heard about the steel models. You need to buy the non saleable ones first before they decide to sell you the steel models.

Like that I keep collecting GS limited editions first and Rolex can sell to themselves..


rx330
post Aug 11 2020, 08:53 AM

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pls don't feel sour if unable to obtain lolek kekekkeke
there is always the grey market, its your money, u can choose how to spend it
pgsiemkia
post Aug 16 2020, 01:05 PM

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QUOTE(rx330 @ Aug 11 2020, 08:53 AM)
pls don't feel sour if unable to obtain lolek kekekkeke
there is always the grey market, its your money, u can choose how to spend it
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Buying so high price by resellers like getting ticket scalped or cheated whichever you want to see it. 10-20% is justified but 100-200% on older watches like Hulk and pepsi totally cut throat. I wun support even have money to buy their blood watches.

rx330
post Aug 17 2020, 09:18 AM

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QUOTE(pgsiemkia @ Aug 16 2020, 01:05 PM)
Buying so high price by resellers like getting ticket scalped or cheated whichever you want to see it. 10-20% is justified but 100-200% on older watches like Hulk and pepsi totally cut throat. I wun support even have money to buy their blood watches.
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dunno about you , but personally for me, I can't even afford the extra 10-20% for the grey market hahahah

but for every one person tat doesn't support grey , I'm pretty sure there are 5 out there who does
and too many buyers, I'm pretty sure they don't even bother or know about the retail price of these watches

I think watches now good way to launder money biggrin.gif biggrin.gif
TStoffeeman
post Aug 17 2020, 10:39 AM

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What about Rolex GMT2 Meteorite? Will it easy to obtain in KL?
pgsiemkia
post Aug 17 2020, 09:42 PM

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QUOTE(rx330 @ Aug 17 2020, 09:18 AM)
dunno about you , but personally for me, I can't even afford the extra 10-20% for the grey market hahahah

but for every one person tat doesn't support grey , I'm pretty sure there are 5 out there who does
and too many buyers, I'm pretty sure they don't even bother or know about the retail price of these watches

I think watches now good way to launder money  biggrin.gif  biggrin.gif
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They probably flip them anyway. I'm not into that so prefer to get retail and enjoy for a while until bored.



 

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