Your calculations / facts are based on the retail prices were misleading. The "profit" gained from was the retail prices difference between now and then. I would consider it an investment when someone willing to buy the watch from me for more than rm63k (assuming that is the price I paid in 2013). Even then, I have not factor in the inflations and radical drop in the exchange rate. Case in point, a Sub sold in 2007 was rm17k++, the on going average selling prices were around rm15~16k a few months back. I don't have the exact transaction figures, so I take the private sellers' price as indications. I do not foresee I will make a profit this year or next, or significant profile for the next 3 years on notwithstanding sudden change in the world, nation economy or the said company welfare situation.
Interesting point on the sub. Mate regarding the Sub are you referring to 14060M? back in December 2013 I saw those going for 12-13k ringgit. not all subs are the same. Are you able to clarify?
Ok with regards to the AP 15202
Let me clarify:
As of today:
The investment in AP 15202 in 2013 for approx. 63k ringgit would have provided the investor with "a Hedge against the falling Ringgit and inflation with a solid return of 25% on investment (refer to point 3 for calcs)" it also provides the investor with the enjoyment of wearing it
1) a dealer I know recently sold one second hand piece for $18,500 USD - that is around 78,500 Ringgit. please note retail price from AP is around 81,000 Ringgit.
2) if you bought it in December 2013 for around 63k Ringgit you wear and enjoy it, and today you decide to cash out, it is not hard to privately sell it for above 75k ringgit right now! key word is right now.
3) For me very simple maths le - 78,500 ringgit less 63k = 15,500 ringgit profit + enjoyment of wearing the watch for almost 2 years.
We do not know what the future will be like. But for now whoever purchased this piece around 63k ringgit can cash out for a profit of at around 20+++% today.
