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Company Watch
Selldown of The Hour Glass shares at odds with intact demand for luxury watches
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The Hour Glass is trading at 6 times earnings on the SGX.
PHOTO: THE HOUR GLASS
SINGAPORE - There is an old idea that when a butterfly flaps its wings far away, it could set off a tornado in your neighbourhood.
The folk at Singapore-listed luxury watch retailer The Hour Glass (THG) probably appreciate this more than anyone else at the moment.
