The Hour Glass

net profits were down 7%, any view on this?

I wonder if net profits can hold up for the full year, if earnings were to come down the stock price should adjust accordingly too?

THG is staging a pop-up store situated at the heart of Orchard Road at leading shopping centre, Paragon from 18th to 30th September. Themed “Super Machines and Horological Heroes”, this pop-up will stage some of the most iconic and avant-garde timepieces, paying homage to a collective of individuals who revolutionised watchmaking and watch design at the turn of the millennium. More info.....
http://www.thehourglass.com/?p=3109
Those who are keen to find out the latest of this leading regional high-end watch retail enterprise should consider making a visit.

Also, THG and its more exotic brands represented exclusively - like Hublot, Ulysse Nardin, Parmigiani, and Urwerk - are prominently featured in the special Friday (23Aug13) BT supplement entitled "The Business of Time". Do grab hold of a copy if you still have a chance.

Just wondering if anyone know why there is an super large sell order @ 1.7 since last week.....??

(26-08-2013, 02:40 PM)lazyplane Wrote: Just wondering if anyone know why there is an super large sell order @ 1.7 since last week.....??

is it because THG has to give way to the mighty emperor?

I just read the news on the arrival of the Emperor. they can pull in their jewellery to sell aside the high end watches and pull in HK stars to cut ribbons le.
I guess THG has to step aside and bow?

as a thg shareholder, I also a bit concerned.

(01-09-2013, 04:58 PM)pianist Wrote: is it because THG has to give way to the mighty emperor?

I just read the news on the arrival of the Emperor. they can pull in their jewellery to sell aside the high end watches and pull in HK stars to cut ribbons le.
I guess THG has to step aside and bow?

as a thg shareholder, I also a bit concerned.

Well, i think this is a bit early to say who will bow to who.
Times are hard now and i think mr market is at work and investors r just cashing out for other bigger picture reasons.

Having said that, SG market is small and rather knitted closely. Influx of competition is due to come sooner or later. Just need to prove we can outlast and do better on our home turf.

For the local branded watch retail/distribution trade, who now sits on the emperor chair? Without much doubt, it is THG, even the Tays and Chans running it would likely choose to appear meek when asked the question or challenged in the business. But make no mistake, they are giants in this rather specialised trade as far as proven competence and experience is concerned.

Being a relatively new player in Singapore, this so-called mighty Emperor from Hong Kong will have to work hard and dig it before its local presence can become meaningful or profitable. They probably are aspiring to take on the now seemingly weakened Sincere Watch in order to grab a meaningful initial local market share to become profitable.

(02-09-2013, 02:27 PM)dydx Wrote: For the local branded watch retail/distribution trade, who now sits on the emperor chair? Without much doubt, it is THG, even the Tays and Chans running it would likely choose to appear meek when asked the question or challenged in the business. But make no mistake, they are giants in this rather specialised trade as far as proven competence and experience is concerned.

Being a relatively new player in Singapore, this so-called mighty Emperor from Hong Kong will have to work hard and dig it before its local presence can become meaningful or profitable. They probably are aspiring to take on the now seemingly weakened Sincere Watch in order to grab a meaningful initial local market share to become profitable.

I am not into watches, however, this is what i would feel as a consumer. If i like a watch, when i buy it, i wont really care if thg or emperor sells it. Since both are big players in the watch market, the watches they are selling will be genuine, that's my only concern. At the end of the day, thg and emperor are not manufacturing branded watches, they are just selling it as a "middleman".

Any views on my thoughts? I may be very naive in this area cos i am not a lover of watches.

(02-09-2013, 02:49 PM)safetyfirst Wrote:

(02-09-2013, 02:27 PM)dydx Wrote: For the local branded watch retail/distribution trade, who now sits on the emperor chair? Without much doubt, it is THG, even the Tays and Chans running it would likely choose to appear meek when asked the question or challenged in the business. But make no mistake, they are giants in this rather specialised trade as far as proven competence and experience is concerned.

Being a relatively new player in Singapore, this so-called mighty Emperor from Hong Kong will have to work hard and dig it before its local presence can become meaningful or profitable. They probably are aspiring to take on the now seemingly weakened Sincere Watch in order to grab a meaningful initial local market share to become profitable.

I am not into watches, however, this is what i would feel as a consumer. If i like a watch, when i buy it, i wont really care if thg or emperor sells it. Since both are big players in the watch market, the watches they are selling will be genuine, that's my only concern. At the end of the day, thg and emperor are not manufacturing branded watches, they are just selling it as a "middleman".

Any views on my thoughts? I may be very naive in this area cos i am not a lover of watches.

As a consumer you don't care if Emperor or Hg sell it to you if you buy a 5,000 $ watches but if you spend more on exclusive brands or watches you need advises (it's a passion, it's a hobby), for Patek or Hublot you need a good relationship with your retailer to have "access" to limited editions or very popular model. In my opinion Hour Glass is number one for this.

SGX listed Gems TV involved in potential reverse takeover. Will there be any price impact on
THG when mkt open on Monday?

http://m.todayonline.com//business/sgx-l...e-takeover

(03-11-2013, 12:56 AM)crabcrab Wrote: SGX listed Gems TV involved in potential reverse takeover. Will there be any price impact on
THG when mkt open on Monday?

http://m.todayonline.com//business/sgx-l...e-takeover

I am baffled. Why would a reverse takeover on an unrelated company affect THG?