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The Hour Glass
14-02-2019, 03:09 PM.
Post: #931
RE: The Hour Glass
My opinion is that only the Segment under 2,000 Sgd price can be affected by the Smart Watches. I wear everyday my Apple Watch and i love it (very addictive) but i still dream to own a Daytona or a Nautilus, this will not change.

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16-02-2019, 11:09 AM.
Post: #932
RE: The Hour Glass
Last results from 14 February are very good in my opinion, profit up 29% compare to last year! 163 Millions cash and equivalents. net asset value 0.76 Sgd per share!!!

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16-02-2019, 06:02 PM.
Post: #933
RE: The Hour Glass
(14-02-2019, 03:09 PM)pacyfiq Wrote: My opinion is that only the Segment under 2,000 Sgd price can be affected by the Smart Watches. I wear everyday my Apple Watch and i love it (very addictive) but i still dream to own a Daytona or a Nautilus, this will not change.

well, good luck finding a Daytona or a PP Nautilus or AP 15400 in THG. The waiting list is too long and so difficult to find.  Confused
Nowadays I don’t even bother to walk in to see and talk cock with the salesperson. I rather buy from grey dealers.
The thing about karma, It always comes around and bite you when you least expected.

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27-02-2019, 05:08 PM.
Post: #934
RE: The Hour Glass
(14-01-2017, 09:44 PM)lazyplane Wrote:
(13-01-2017, 09:59 PM)brattzz Wrote: heya lazyplane, will you feel that the management has "learn" from the GFC and is more prepared this time? Big Grin
Or still they are reactive?

I would think it's has not bottomed yet, so recommend to stay out for a while... Tongue

cheap can get cheaper... Big Grin

I think management has tried hard to avoid GFC inventory write down but realistically, this is essential part of the core business and without inventory, they got nothing to sell.
There are also long standing relationships with the watch makers that they have to take into consideration
Agree cheap will be cheaper. It is sad as i know there are times where as good management  can try to do everything to stop but you cant fight the market. 

Just ask any ship maker  or commodity exploration company that is worth their salt about the last 2 years...

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