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gmaister22 · 29 February 2020, 12:49 AM

How do you think that coronavirus and all that mess that's happening will affect the stock and prices on SS models?

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Simon_jrees · 29 February 2020, 12:51 AM

It's already going to effect certain countries financially, especially with trade agreements. Don't know how Rolex is going to play it though.

beshannon · 29 February 2020, 12:54 AM

Quote:

Originally Posted by gmaister22

How do you think that coronavirus and all that mess that's happening will affect the stock and prices on SS models?

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Short term? Who knows?

Long term? Not at all

cat1pro · 29 February 2020, 12:54 AM

I think the AD's will have inventory next month. The flippers will take a pause of buying every steel sports that hits the local ad. In two to three months we will back to the famine of steel sports. Just my two cents

gmaister22 · 29 February 2020, 12:57 AM

Quote:

Originally Posted by cat1pro

I think the AD's will have inventory next month. The flippers will take a pause of buying every steel sports that hits the local ad. In two to three months we will back to the famine of steel sports. Just my two cents

Do you think that most problem is caused by flippers?

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Ichiran · 29 February 2020, 12:57 AM

Ibtl

beshannon · 29 February 2020, 12:58 AM

Quote:

Originally Posted by gmaister22

Do you think that most problem is caused by flippers?

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What problem?

gmaister22 · 29 February 2020, 01:00 AM

Quote:

Originally Posted by beshannon

What problem?

The lack of SS models in the market?

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Patton250 · 29 February 2020, 01:03 AM

Quote:

Originally Posted by Ichiran

Ibtl

When you say this are you saying you believe the thread will be closed because rules have been broken or is it you just don’t like the thread and you hope it gets closed?

Quote:

Originally Posted by beshannon

What problem?

I think he means “situation” more than problem.

904VT · 29 February 2020, 01:06 AM

It will be substantial for all brands, even Rolex and PP. When you have a bull market the length and level that we were prior, any trigger can cause a large correction. All markets will be impacted. Only about 60% revenue from the S&P 500 is from within the US and that doesn't even address the supply chain and raw inputs that don't always get accounted for in revenue recognition or the emerging economy outlets for product sales in tourism purchases.

The ripple effects will be lasting and significant. All luxury goods will be hit and hit hard. We have at least 2-3 more flu seasons of COVID19 imo bc even if vaccines become available it's likely they aren't widely available in developing markets and the cycle will continue again. Supposedly reinfection is possible too. I imagine mutations will come as well, so it's anyone's guess. Rolex and PP and other watches are probably the least of most's worries right now, I just hope many don't have income disruptions. One of those times where this is bigger than watches.

beshannon · 29 February 2020, 01:10 AM

Quote:

Originally Posted by gmaister22

The lack of SS models in the market?

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There are stainless steel watches for sale all over the world.

Whether you want to pay the asking price is another matter.

gmaister22 · 29 February 2020, 01:11 AM

Quote:

Originally Posted by beshannon

There are stainless steel watches for sale all over the world.

Whether you want to pay the asking price is another matter.

I want to pay the retail price from a rolex boutique or an AD. Not from flippers.

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GoingPlaces · 29 February 2020, 01:15 AM

Quote:

Originally Posted by gmaister22

How do you think that coronavirus and all that mess that's happening will affect the stock and prices on SS models?

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Minimal and short term if at all. Long term not at all.

beshannon · 29 February 2020, 01:16 AM

Quote:

Originally Posted by gmaister22

I want to pay the retail price from a rolex boutique or an AD. Not from flippers.

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Ah, there it is.

Since that is not going to happen, what will you decide to do?

gmaister22 · 29 February 2020, 01:17 AM

Quote:

Originally Posted by beshannon

Ah, there it is.

Since that is not going to happen, what will you decide to do?

What I am gonna do is my own businesses. Stay on topic please or go to another thread.

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beshannon · 29 February 2020, 01:18 AM

Quote:

Originally Posted by gmaister22

What I am gonna do is my own businesses. Stay on topic please or go to another thread.

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Got it, good luck!

GoingPlaces · 29 February 2020, 01:19 AM

Quote:

Originally Posted by gmaister22

I want to pay the retail price from a rolex boutique or an AD. Not from flippers.

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Well aren't you special...you and everyone else on this forum.

gmaister22 · 29 February 2020, 01:19 AM

Quote:

Originally Posted by beshannon

Got it, good luck!

Thank you, you too

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gmaister22 · 29 February 2020, 01:21 AM

Quote:

Originally Posted by GoingPlaces

Well aren't you special...you and everyone else on this forum.

He asked what is the problem....this situation, the situation it self is the problem..

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904VT · 29 February 2020, 01:22 AM

Quote:

Originally Posted by gmaister22

I want to pay the retail price from a rolex boutique or an AD. Not from flippers.

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It's more likely Rolex will cut the new supply significantly of SS if we start to see a huge movement in an effort for demand to stay consistent. As a result purchasing new at MSRP is going to be just as difficult as it is today. IMO your only chance of a decent price is to pick one of the thousands of pre-owned watches out there that have been hoarded. If demand slows too significantly, then I believe this is when Rolex brings the new Sub.

Littletommy · 29 February 2020, 01:23 AM

Quote:

Originally Posted by gmaister22

He asked what is the problem....this situation, the situation it self is the problem..

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Huh?

beshannon · 29 February 2020, 01:24 AM

Quote:

Originally Posted by 904VT

It's more likely Rolex will cut the new supply significantly of SS if we start to see a huge movement in an effort for demand to stay consistent. As a result purchasing new at MSRP is going to be just as difficult as it is today. IMO your only chance of a decent price is to pick one of the thousands of pre-owned watches out there that have been hoarded. If demand slows too significantly, then I believe this is when Rolex brings the new Sub.

Bingo!

GoingPlaces · 29 February 2020, 01:28 AM

Quote:

Originally Posted by gmaister22

He asked what is the problem....this situation, the situation it self is the problem..

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Missed point.

padi56 · 29 February 2020, 01:37 AM

Quote:

Originally Posted by gmaister22

How do you think that coronavirus and all that mess that's happening will affect the stock and prices on SS models?

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Well IMHO it is far more important that they contain and hopefully get a vaccine to counteract the global effect on people dying from coronavirus, than worrying whats going to happen with bloody watch prices.

29 February 2020, 12:49 AM	#1
gmaister22 "TRF" Member Join Date: Aug 2018 Location: Greece Posts: 46	Coronavirus and prices How do you think that coronavirus and all that mess that's happening will affect the stock and prices on SS models? Sent from my iPhone using Tapatalk

29 February 2020, 12:51 AM	#2
Simon_jrees "TRF" Member Join Date: Feb 2020 Real Name: Simon Location: Wales Watch: whichever I wear Posts: 830	It's already going to effect certain countries financially, especially with trade agreements. Don't know how Rolex is going to play it though.

29 February 2020, 12:54 AM	#4
cat1pro "TRF" Member Join Date: Dec 2016 Location: florida Posts: 94	I think the AD's will have inventory next month. The flippers will take a pause of buying every steel sports that hits the local ad. In two to three months we will back to the famine of steel sports. Just my two cents

29 February 2020, 12:57 AM	#6
Ichiran 2024 Pledge Member Join Date: Jan 2018 Real Name: Michael Location: Dotonbori Watch: Mostly blue dials Posts: 7,619	Ibtl

29 February 2020, 01:06 AM	#10
904VT "TRF" Member Join Date: Jun 2016 Location: USA Watch: All Rolex Posts: 6,976	It will be substantial for all brands, even Rolex and PP. When you have a bull market the length and level that we were prior, any trigger can cause a large correction. All markets will be impacted. Only about 60% revenue from the S&P 500 is from within the US and that doesn't even address the supply chain and raw inputs that don't always get accounted for in revenue recognition or the emerging economy outlets for product sales in tourism purchases. The ripple effects will be lasting and significant. All luxury goods will be hit and hit hard. We have at least 2-3 more flu seasons of COVID19 imo bc even if vaccines become available it's likely they aren't widely available in developing markets and the cycle will continue again. Supposedly reinfection is possible too. I imagine mutations will come as well, so it's anyone's guess. Rolex and PP and other watches are probably the least of most's worries right now, I just hope many don't have income disruptions. One of those times where this is bigger than watches.

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