Rolex production expanding?

[SaintMickey]

Better sell those overpriced models bought to someone else!!! I've heard that the new construction will be only for Turquoise blue OP's and white dial Daytonas!!!

New MSRP for OP's will be $3999 and the Daytona is going to be $11,900!!!!!!

[Dean_Clevername]

I hope this means increased production capacity. I don't see how they'd keep up with the increase in Chinese demand from the last 6 years, let alone the next 6-10y of growth in that market with out it. Otherwise their products just get spread thinner across their AD network, and no one is happy.

[tgyberg]

This could be extra "wait list" storage. They must all take up a lot of room!

[SubMillennial]

Originally Posted by Dean_Clevername

I hope this means increased production capacity. I don't see how they'd keep up with the increase in Chinese demand from the last 6 years, let alone the next 6-10y of growth in that market with out it. Otherwise their products just get spread thinner across their AD network, and no one is happy.

Chinese demand has peaked and will be receding with further Xi crackdowns

[GoingPlaces]

Originally Posted by SubMillennial

Chinese demand has peaked and will be receding with further Xi crackdowns

What and why crackdowns? Legit curious.

[JodyHighroller]

Originally Posted by GoingPlaces

What and why crackdowns? Legit curious.

Google China Common Prosperity

[Sean90]

With the omicron variant spreading in UE the supply is probabily going to slow down for the following weeks ... Teleworking is now mandatory in Switzerland so they will keep on manufacturing but could deal with a decline in production efficiency.

[vh2k]

Originally Posted by SubMillennial

Chinese demand has peaked and will be receding with further Xi crackdowns

One clueless economic prediction and one political comment rolled into one short post. TRF is turning into Facebook.

[TswaneNguni]

Great, annual 3% increase in production will now be 5%

Happy ?

To show my absolute neutrality, I am wearing a PAM 422 as I am typing this.47mm ,sometimes you just dont feel like little hard to gets .

[SubMillennial]

Originally Posted by vh2k

One clueless economic prediction and one political comment rolled into one short post. TRF is turning into Facebook.

You are long on LVMH then

[Mendota]

Originally Posted by GoingPlaces

What and why crackdowns? Legit curious.

There are some hedge fund managers talking about this right now. Kyle Bass did an hour long podcast interview about it on the "We Study Billionaires" podcast a few weeks ago. Kyle Bass is one of the hedge fund managers that Michael Lewis interviewed and featured in his book "The Big Short" and he has been heavily shorting China's currency and other Chinese interests.

Some of the speculation is that the real estate drawdown is intentionally being used to hobble the growing middle class and wealthier citizens, while also pushing out foreign investors. Chinese real estate is so expensive and so out of reach for most citizens that they are insanely highly levered. We are talking 30:1 leverage with most of their personal wealth being tied up in one unit. Similar to how Mao went after the educated and cultural elite, by targeting the wealth of its citizens the govt can literally force everyone into using their new proposed CBDC (central bank digital coin) as a way to provide a light at the end of the tunnel to everyone who is now or soon to be hopelessly underwater.

Kyle discussed Xi's comments from October and if you take what he said at face value, he gave Taiwan an ultimatum that they will take control by force if they don't cave on their continued assertion that they are sovereign. With so much of the tech industry depending on Taiwan for their wafer production, it's a big deal.

None of this is my personal view. It's an interesting interview if you want to check it out. Every week the podcast interviews hedge fund managers, VC and PE fund managers, and other top investment managers.

Sent from my SM-G986U using Tapatalk

[DeskPop]

That's their new social media marketing department. It's several floors of cubicles, each fitted with a different steering wheel fixed to a fake dashboard. The dashboards will have different interior leather packages, such as upholstered vents, contrast stitching, bespoke embossing, etc. I'm really looking forward to it.

[nosignalbmwdriver]

hopefully its for unwanted tudors