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2careless · 1 March 2008, 03:21 PM

Does anyone know if Rolex shares are traded anywhere? If they are privately held, are there publicly listed major investors?
If you can't win them, join them

technicaldirector · 1 March 2008, 03:22 PM

Private.

cbrenthus · 1 March 2008, 03:23 PM

I know they are private.

I believe they are pretty much non-profit. As in, hey give away what they make, not that they don't profit!

2careless · 1 March 2008, 03:26 PM

Ok, is there any publicly traded entity that will benefit from these steep price rise?

wanasub · 1 March 2008, 03:31 PM

Does anyone know which charities or causes they support?

technicaldirector · 1 March 2008, 03:34 PM

Nobody knows- they're 1. Private and 2. In Switzerland so they don't have to divulge where the money goes I believe.

cbrenthus · 1 March 2008, 03:41 PM

Quote:

Originally Posted by 2careless

Ok, is there any publicly traded entity that will benefit from these steep price rise?

No.

I really can't imagine any stock that would be affected either way because of the Rolex price increase.

Spark · 1 March 2008, 05:55 PM

Rolex SA is solely owned by the Wilsdorf Foundation.
Wilsdorf apparently done this to keep Rolex independant and free from industry buy outs.
It can never be openly traded on the stock market.
Although hugely profitable Rolex I believe is classed as a non profit making organisation, with the money being directly re-invested in to the company and the rest alocated to the foundation for distibution to the charities it supports and sponsorship of sporting events etc.......

The only stock that would be affected is Swatch group as lots off people jump the Rolex ship and buy Omega LOL.

2careless · 1 March 2008, 06:05 PM

I'd say Richemont too if we can extend this long shot theory.

SPACE-DWELLER · 1 March 2008, 06:07 PM

All TRF members ought to have shares in Rolex S.A.

Spark · 1 March 2008, 06:16 PM

Quote:

Originally Posted by 2careless

I'd say Richemont too if we can extend this long shot theory.

Kai, Don't forget Timex

Whiskey · 2 March 2008, 04:22 PM

Quote:

Originally Posted by technicaldirector

Nobody knows- they're 1. Private and 2. In Switzerland so they don't have to divulge where the money goes I believe.

Point #2 is a very BIG point.

Switzerland is a big tax-haven (Swiss Bank Accounts).

The Mole · 2 March 2008, 04:28 PM

Quote:

Originally Posted by SPACE-DWELLER

All TRF members ought to have shares in Rolex S.A.

We do, they are worn on our wrists!

nsolga · 2 March 2008, 04:32 PM

Hey, if some of my money is going to charity for my Rolex - I say Here Here! Cheers to Rolex!

Arturo · 2 March 2008, 07:19 PM

Read thread regarding Charity. Private company. 100% of profits go to Hans Wilsdorf Foundation where money is distributed to scientific, artistic, musical and athletic endeavors around the world. No big secret. There are thousands of endowments each year all over the world.

unclesallie · 2 March 2008, 07:40 PM

The rolex story, perhaps a bit romanticized:

http://www.watchmasters.net/the-role...-wilsdorf.html

best,
dan

highroller · 28 April 2008, 06:46 AM

Has anyone done business with this place? Watchmasters&Company

Terry Newton · 28 April 2008, 07:21 AM

Quote:

Originally Posted by The Mole

We do, they are worn on our wrists!

Very Funny!

Terry Newton

toph · 28 April 2008, 07:24 AM

If they were public they would legally have to produce accounts hence production numbers to share holders and hence the public. Since this does not happen....

oneillba · 28 April 2008, 03:02 PM

Quote:

Originally Posted by wanasub

Does anyone know which charities or causes they support?

To learn more about who and what the Rolex Institute supports go to their link.

http://www.rolex.com/en/index.jsp#/e...nstitute/index

TempoKing · 28 April 2008, 03:09 PM

I guess this is a good lesson what shares to buy or not to buy.
Apparently I should not buy...because if the companies that make money
are privately held, the ones that I can buy want to make money from
my money, so I do not buy loosers like IBM and Coke..LOL

1 March 2008, 03:21 PM	#1
2careless "TRF" Member Join Date: Dec 2007 Location: Melbourne, AU Watch: Pepsi Posts: 4,370	Is Rolex a public company or privately held? Does anyone know if Rolex shares are traded anywhere? If they are privately held, are there publicly listed major investors? If you can't win them, join them

1 March 2008, 03:23 PM	#3
cbrenthus "TRF" Member Join Date: Feb 2007 Real Name: Brandon Location: FL Watch: ing my second hand Posts: 869	I know they are private. I believe they are pretty much non-profit. As in, hey give away what they make, not that they don't profit! __________________ www.bknicholas.com www.myspace.com/bknicholas

1 March 2008, 03:34 PM	#6
technicaldirector "TRF" Member Join Date: Feb 2008 Real Name: Mike Location: Los Angeles Watch: 1675 Pepsi GMT Posts: 181	Nobody knows- they're 1. Private and 2. In Switzerland so they don't have to divulge where the money goes I believe. __________________ Rolex 1675 Pepsi GMT Master Tudor 9411/0 Snowflake Sub Tudor 76100 Tudor 76100 Non-Mercedes Hands Tudor Tiger 79280 Chronograph

1 March 2008, 06:07 PM	#10
SPACE-DWELLER "TRF" Member Join Date: Apr 2007 Real Name: Bo Location: Denmark Watch: Rolex, of course! Posts: 22,436	All TRF members ought to have shares in Rolex S.A. __________________ With kind regards, Bo LocTite 221: The Taming Of The Screw...

2 March 2008, 04:32 PM	#14
nsolga "TRF" Member Join Date: Nov 2007 Real Name: Nick Location: Sonoma Co., CA Watch: GMTIIc Posts: 798	Hey, if some of my money is going to charity for my Rolex - I say Here Here! Cheers to Rolex! __________________ Present: 116710LN SS GMT-Master II C Past: 16610 SS Sub Date

1 March 2008, 03:22 PM	#2
technicaldirector "TRF" Member Join Date: Feb 2008 Real Name: Mike Location: Los Angeles Watch: 1675 Pepsi GMT Posts: 181	Private. __________________ Rolex 1675 Pepsi GMT Master Tudor 9411/0 Snowflake Sub Tudor 76100 Tudor 76100 Non-Mercedes Hands Tudor Tiger 79280 Chronograph

1 March 2008, 03:26 PM	#4
2careless "TRF" Member Join Date: Dec 2007 Location: Melbourne, AU Watch: Pepsi Posts: 4,370	Ok, is there any publicly traded entity that will benefit from these steep price rise?

1 March 2008, 03:31 PM	#5
wanasub "TRF" Member Join Date: Dec 2007 Real Name: Jonathan Location: wisconsin Posts: 386	Does anyone know which charities or causes they support?

1 March 2008, 05:55 PM	#8
Spark "TRF" Member Join Date: Oct 2006 Real Name: Mark Location: U.K. Watch: Too Many Posts: 2,097	Rolex SA is solely owned by the Wilsdorf Foundation. Wilsdorf apparently done this to keep Rolex independant and free from industry buy outs. It can never be openly traded on the stock market. Although hugely profitable Rolex I believe is classed as a non profit making organisation, with the money being directly re-invested in to the company and the rest alocated to the foundation for distibution to the charities it supports and sponsorship of sporting events etc....... The only stock that would be affected is Swatch group as lots off people jump the Rolex ship and buy Omega LOL.

1 March 2008, 06:05 PM	#9
2careless "TRF" Member Join Date: Dec 2007 Location: Melbourne, AU Watch: Pepsi Posts: 4,370	I'd say Richemont too if we can extend this long shot theory.

2 March 2008, 07:19 PM	#15
Arturo "TRF" Member Join Date: May 2005 Real Name: Arturo Location: Pacific Northwest Watch: Black GMT ll Posts: 1,271	Read thread regarding Charity. Private company. 100% of profits go to Hans Wilsdorf Foundation where money is distributed to scientific, artistic, musical and athletic endeavors around the world. No big secret. There are thousands of endowments each year all over the world.

2 March 2008, 07:40 PM	#16
unclesallie 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Aug 2007 Real Name: dan Location: Pennsylvania Watch: keystone pocket Posts: 5,917	The rolex story, perhaps a bit romanticized: http://www.watchmasters.net/the-role...-wilsdorf.html best, dan

28 April 2008, 06:46 AM	#17
highroller Member Join Date: Apr 2008 Real Name: Bobby Location: Manassas Virginia Watch: Sea Dweller Posts: 305	Has anyone done business with this place? Watchmasters&Company

28 April 2008, 07:24 AM	#19
toph "TRF" Member Join Date: Apr 2008 Real Name: ChrisTOPHer Location: Sydney Watch: Rolex, Brellum, Posts: 12,601	If they were public they would legally have to produce accounts hence production numbers to share holders and hence the public. Since this does not happen.... __________________ "Where no counsel is the people fall, but in the multitude of counselors there is safety." Member No.# 11795

28 April 2008, 03:09 PM	#21
TempoKing Banned Join Date: Jan 2008 Real Name: Anastasios Location: Athens Greece Watch: Rolex GMT 1675 Posts: 8,497	I guess this is a good lesson what shares to buy or not to buy. Apparently I should not buy...because if the companies that make money are privately held, the ones that I can buy want to make money from my money, so I do not buy loosers like IBM and Coke..LOL

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