The Hour Glass

Another article:
http://www.thehourglass.com/the-hour-gla...ays-watch/

The leaders of this company are time-tested leaders.

As usual, good counter is always ignored by the market!

(14-01-2015, 01:41 PM)swn Wrote: As usual, good counter is always ignored by the market!

even better! so we can buy-buy-buy!!!

(14-01-2015, 04:36 PM)brattzz Wrote:

(14-01-2015, 01:41 PM)swn Wrote: As usual, good counter is always ignored by the market!

even better! so we can buy-buy-buy!!!

Strongly agree!!!

I wonder what will be the impact to Swiss watch industry once Apple launch its Apple watch.

This watch has all the apps and fitness functions, it's designed well doesn't look cheap at all.

The concept of getting a lasting watch and left it to your next generation concept might get a shake. Not sure kids still want old grandpa watch or they don't wear at all.

You might want to consider this factor before buying into watch business.


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Stocks of swiss watches worth a lot more as SNB removes $EURCHF floor, sets deposit rate at -0.75%.

(15-01-2015, 05:37 PM)hongonn Wrote: I wonder what will be the impact to Swiss watch industry once Apple launch its Apple watch.

This watch has all the apps and fitness functions, it's designed well doesn't look cheap at all.

The concept of getting a lasting watch and left it to your next generation concept might get a shake. Not sure kids still want old grandpa watch or they don't wear at all.

You might want to consider this factor before buying into watch business.


Sent from my iPhone using Tapatalk

I remember the CEO address this issue before. Back in 70s or 80s, digital watch is the revolution. Who wants an old grandpa watch when the digital version can also act as alarm, stop watch, calendar, water proof under 200m? Well, if i was a kid and someone told me my grandpa watch worth US$2mil despite very ugly looking or old fashioned, i still want it and will gladly trade my digital watch for it .

(15-01-2015, 05:54 PM)edragon Wrote: Stocks of swiss watches worth a lot more as SNB removes $EURCHF floor, sets deposit rate at -0.75%.

No one is going to buy anything for the next few mth if they raise price overnight.
Swatch grp drop 16.5% as of now!

(15-01-2015, 10:54 PM)WolfT Wrote:

(15-01-2015, 05:54 PM)edragon Wrote: Stocks of swiss watches worth a lot more as SNB removes $EURCHF floor, sets deposit rate at -0.75%.

No one is going to buy anything for the next few mth if they raise price overnight.
Swatch grp drop 16.5% as of now!

If THG don't raise price, their current stocks will be sold out very quickly. New stocks will be based on new exchange rate much higher. Wonder what would be THG share price tomorrow, up or down due to this unexpected event.

(15-01-2015, 11:04 PM)edragon Wrote:

(15-01-2015, 10:54 PM)WolfT Wrote:

(15-01-2015, 05:54 PM)edragon Wrote: Stocks of swiss watches worth a lot more as SNB removes $EURCHF floor, sets deposit rate at -0.75%.

No one is going to buy anything for the next few mth if they raise price overnight.
Swatch grp drop 16.5% as of now!

If THG don't raise price, their current stocks will be sold out very quickly. New stocks will be based on new exchange rate much higher. Wonder what would be THG share price tomorrow, up or down due to this unexpected event.

High chance THG will increase price.
From what i observed now, those parallel importers still have not increase price yet. My advice to those who wants to buy a rolex watch, better go buy one the next few days from them before they realise what happen and increase their price. In the long term it will only going to get more expensive.