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Ok, say one buys one locally right now at RM46K for a 2015. Looking at the Dreaded Chrono24 stats, it's averaging at USD11.5K right now. So, USD11.5 X 4.2 is around RM48K.

Now If I wait a year or two and the price goes up by 10% to around USD12.5K but our Ringgit strengthens to 3.5 to the USD, that would make it RM43-44K right?

I don't know. I guess in an ideal world perhaps.

Absolutely...in an ideal world. MYR may well strengthen to 3.5 in that time but I (and many others I'm sure) anticipate the watch to go up to more than 12.5k by then. We can also tell from how the ADs are pricing their bundles.

If however you have USD now...its a different story  ;)

Well, I do already have a black sub and it wears nice on me with the old slim lugs so I don't know if I want a Hulk just to go green. The Hulk is singing to me though. Hmmm... I cannot decide, I cannot decide...

There are distractions aplenty especially that CK2998 Panda which just appeared..... I cannot decide!
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General Discussion - Modern Watches / Re: Watch on Winder or in Safe
« Last post by spayre on Today at 12:01:36 PM »
Good info bro iffy38.
I feel it might be worth me revisiting winders - but will need to find something with this level of customisation.
Any particular brands you reckon worth the recce?

There a lot of brands, depending on the budget. But most would look into the motor as good ones like mabuchi are quiet and last longer?
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Watch Gallery / Re: H2O Kalmar 2
« Last post by rafy11 on Today at 11:46:05 AM »






5
Ok, say one buys one locally right now at RM46K for a 2015. Looking at the Dreaded Chrono24 stats, it's averaging at USD11.5K right now. So, USD11.5 X 4.2 is around RM48K.

Now If I wait a year or two and the price goes up by 10% to around USD12.5K but our Ringgit strengthens to 3.5 to the USD, that would make it RM43-44K right?

I don't know. I guess in an ideal world perhaps.

Absolutely...in an ideal world. MYR may well strengthen to 3.5 in that time but I (and many others I'm sure) anticipate the watch to go up to more than 12.5k by then. We can also tell from how the ADs are pricing their bundles.

If however you have USD now...its a different story  ;)

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General Discussion - Modern Watches / Re: What is on your wrist (new)?
« Last post by kagaya on Today at 11:21:52 AM »
Poor man watch
 


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This one rich man watch bro :)


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7
I don’t think Rolex has stopped producing Hulk because there are still many brand new ones for sale from gray market dealers.


Indeed yes. But the question is whether it 'will' be discontinued. If price action is anything to go by, something may very well be in the works...

Price action? You mean the price is going up drastically?

IMO & since the start of this year...yes.

How much was a used one at the beginning of the year? It's around 45k for a used one when I checked last month.

Now about rm45-46k. Beginning of 2018 about rm39k or slightly less.

Shiver me timbers!!!!! I did not know that!!!!! I was seriously considering entering at RM45K but now I'm not so sure. I think fair value should be around 40K but the devaluation of the Ringgit has caused it to appreciate so much. I don't think I'll be getting one now. Probably wait till the Ringgit stabilizes. If it will ever happen.

What are your thoughts on getting one at RM46K for a 3 year old piece?

Incidentally I was offered a 2015 piece at the same price recently. Passed on the offer as I actually got mine a few months back.

It's an ok price right now as long as its a complete set. But get it only if you really want one.

Bro you were offered a 2015 piece at the same price meaning the same price I was offered (RM46K) or do you mean at the same price as last year's price?
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Ok, say one buys one locally right now at RM46K for a 2015. Looking at the Dreaded Chrono24 stats, it's averaging at USD11.5K right now. So, USD11.5 X 4.2 is around RM48K.

Now If I wait a year or two and the price goes up by 10% to around USD12.5K but our Ringgit strengthens to 3.5 to the USD, that would make it RM43-44K right?

I don't know. I guess in an ideal world perhaps.
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General Discussion - Modern Watches / Re: What is on your wrist (new)?
« Last post by kagaya on Today at 11:15:09 AM »
I’m a poor man




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Nice watch.


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Thanks :)


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10
I don’t think Rolex has stopped producing Hulk because there are still many brand new ones for sale from gray market dealers.

Indeed yes. But the question is whether it 'will' be discontinued. If price action is anything to go by, something may very well be in the works...

Price action? You mean the price is going up drastically?

IMO & since the start of this year...yes.

How much was a used one at the beginning of the year? It's around 45k for a used one when I checked last month.

Now about rm45-46k. Beginning of 2018 about rm39k or slightly less.

Shiver me timbers!!!!! I did not know that!!!!! I was seriously considering entering at RM45K but now I'm not so sure. I think fair value should be around 40K but the devaluation of the Ringgit has caused it to appreciate so much. I don't think I'll be getting one now. Probably wait till the Ringgit stabilizes. If it will ever happen.

What are your thoughts on getting one at RM46K for a 3 year old piece?

Incidentally I was offered a 2015 piece at the same price recently. Passed on the offer as I actually got mine a few months back.

It's an ok price right now as long as its a complete set. But get it only if you really want one.
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