El Presidente Posted July 28, 2021 Share Posted July 28, 2021 5 hours ago, JohnnyO said: Asian distributors are very-very quiet. The $hift in distribution is obvious. It's not rocket science. John That is incorrect. PCC have been screaming blue murder. 2 Link to comment Share on other sites More sharing options...
Nino Posted July 28, 2021 Share Posted July 28, 2021 51 minutes ago, Tstew75 said: Several sources claim La Corona was completely closed for 2+ months + LG running half capacity. A couple of obvious examples that are unique to this pandemic period. Hard to truly verify though, as you're saying there was no closures or slow-downs. Either way there's a tendency for us all to want to downplay the Covid effect, but its' shock waves will be felt for many months to come, believe that. Sorry but I cannot confirm that LC was closed, specially not for 2+ months, that would have come to my attention. Also no closures reported to me for El Laguito ( if that is what LG means in your post ). It most def surprised me last and this year that my friends were rolling with no obvious big interruption that I was aware of. 1 Link to comment Share on other sites More sharing options...
El Presidente Posted July 28, 2021 Share Posted July 28, 2021 As of two weeks ago, what was in the HSA Havana warehouse was disheartening. Quantities were low and what was there was largely non premium. What they are rolling they are exporting. There is no magical secret stockpile unfortunately. The stock certainly isn't going to PCC. 1 Link to comment Share on other sites More sharing options...
JohnnyO Posted July 28, 2021 Share Posted July 28, 2021 1 hour ago, El Presidente said: As of two weeks ago, what was in the HSA Havana warehouse was disheartening. Quantities were low and what was there was largely non premium. What they are rolling they are exporting. There is no magical secret stockpile unfortunately. The stock certainly isn't going to PCC. I worked many years in the marine industry in the Caribbean, Central/South America. What I saw for 20+ years was the same modo de operandi. Asian government supported businesses dont participate in local economies, they consume it. They set up shop and make local high-end products disappear. Fishing and Lobster industries could no longer supply locals as it was all for export. Suppliers to these industries going out of business because of the Asian phenomenon. You see, they dont play by the same rules and governments let them do as they please. In the Caribbean they have bought hotels/casinos and imported all of their employees to fix them up. No local workers needed, they're too expensive. Same with supliers, dont need them either. Who benefits? They do. They have no sense of fair play. When you figure it out its too late, your business has been absorbed. John Link to comment Share on other sites More sharing options...
Fosgate Posted July 28, 2021 Share Posted July 28, 2021 Seems anyone who has any stock would do them good to setup a Bond Roberts account and be ready to sell a little and buy again when the supply catches up again. Sorta like when the video review about the QDO 50&54. Buy three to smoke and one to sell later to pay for the other three. I've lost my keister on "safe" investments like stocks but have yet to make a larger % of profit in a short amount of time from tangible goods like firearms, Gold, Silver, Platinum etc. In college a $2000 investment in a few firearms, accessories, ammunition turned into $20,000 in just a few months when political influence boosted the demand and tanked the supply. One accessory I was turning $10 into $100 per unit 3 months after I bout it. I wish I had bought a few cases of that but the 20 I sold paid for my initial $2k investment and I still had 80 left for myself which I sold a few here and there to friends that thought I was crazy a few months before were now wanting the same from me. I was selling to friends what I paid for them but watching the actions was absolutely crazy. Don't take what I say as investment advice. I'm just dumb enough to stumble into some deals and make some stupid purchases now and then yield opportunity to payoff later every now and then. Link to comment Share on other sites More sharing options...
Tstew75 Posted July 28, 2021 Share Posted July 28, 2021 58 minutes ago, Nino said: Sorry but I cannot confirm that LC was closed, specially not for 2+ months, that would have come to my attention. Also no closures reported to me for El Laguito ( if that is what LG means in your post ). It most def surprised me last and this year that my friends were rolling with no obvious big interruption that I was aware of. It's fascinating there's reports are of full factory closures & slowdowns, yet your sources say there are none. Something is amiss. The article didn't say there was a LG (Laguito) closure, just that they have been/are running at 50%. Link to comment Share on other sites More sharing options...
SCgarman Posted July 28, 2021 Share Posted July 28, 2021 2 hours ago, Fosgate said: Seems anyone who has any stock would do them good to setup a Bond Roberts account and be ready to sell a little and buy again when the supply catches up again. Sorta like when the video review about the QDO 50&54. Buy three to smoke and one to sell later to pay for the other three. I've lost my keister on "safe" investments like stocks but have yet to make a larger % of profit in a short amount of time from tangible goods like firearms, Gold, Silver, Platinum etc. In college a $2000 investment in a few firearms, accessories, ammunition turned into $20,000 in just a few months when political influence boosted the demand and tanked the supply. One accessory I was turning $10 into $100 per unit 3 months after I bout it. I wish I had bought a few cases of that but the 20 I sold paid for my initial $2k investment and I still had 80 left for myself which I sold a few here and there to friends that thought I was crazy a few months before were now wanting the same from me. I was selling to friends what I paid for them but watching the actions was absolutely crazy. Don't take what I say as investment advice. I'm just dumb enough to stumble into some deals and make some stupid purchases now and then yield opportunity to payoff later every now and then. Certainly not for me. I would rather have my aged stash of cigars than some quick financial gain. First of all, I am not destitute and don't need instant cash. Secondly, the Cuban cigar market supply is tight, prices are inflated and giving up stock that you have cared for and aged for years for newer vintage stock simply doesn't make any logical sense. Even if I were sitting on hundreds of boxes of cigars, I would not be looking to sell. 3 Link to comment Share on other sites More sharing options...
Ryan Posted July 28, 2021 Author Share Posted July 28, 2021 I just spoke with a quality control director in the Carlos Baliño factory. She said that it closed twice this year due to Covid. I think Nicky Meire mentioned that in an article too. My Cuban friend thinks it was closed for approximately 6 months in total. It is open currently. But day-to-day. I haven't heard of other factories closing. 2 Link to comment Share on other sites More sharing options...
Fosgate Posted July 28, 2021 Share Posted July 28, 2021 5 minutes ago, NYgarman said: Certainly not for me. I would rather have my aged stash of cigars than some quick financial gain. First of all, I am not destitute and don't need instant cash. Secondly, the Cuban cigar market supply is tight, prices are inflated and giving up stock that you have cared for and aged for years for newer vintage stock simply doesn't make any logical sense. Even if I were sitting on hundreds of boxes of cigars, I would not be looking to sell. One does not need to be destitute or hard up for cash to sell. I look at it like the any other market, real estate, stocks, luxury goods, autos etc. Buy when low, sell when high and use the profits to reinvest in more when low (on sale) and repeat. It's about doubling. 2,4,8,16,32,64,128 etc. The best part about selling is you get to search for and buy more (inn my opinion) Link to comment Share on other sites More sharing options...
SCgarman Posted July 28, 2021 Share Posted July 28, 2021 14 minutes ago, Fosgate said: One does not need to be destitute or hard up for cash to sell. I look at it like the any other market, real estate, stocks, luxury goods, autos etc. Buy when low, sell when high and use the profits to reinvest in more when low (on sale) and repeat. It's about doubling. 2,4,8,16,32,64,128 etc. The best part about selling is you get to search for and buy more (inn my opinion) To each their own. Good luck in the current Cuban cigar shortage finding certain vitolas in certain marcas. Only a small percentage of the Habanos catalog is currently being produced at the moment. BTW, go try and buy a Ferrari, Rolex stainless Daytona or Birkin handbag at the moment. Unless you are a "whale", read VVIP you won't find these items at retail either unless you don't mind paying a premium on the secondary market. I'm retired, personally I don't need the stress nor drama of buying/selling. 3 Link to comment Share on other sites More sharing options...
El Presidente Posted July 30, 2021 Share Posted July 30, 2021 Received a disturbing update today. It is bedlam in terms of global supply with no change likely this side of Christmas. Feel free to ask your favourite CC retailer/distributor to have it confirmed. Supply expected to be 25-35% of normal over the next couple of months. Excuses vary (covid etc) but something doesn't quite add up. I will have to reconsider our 2424 schedule in the short term maybe cutting it back from 5 days to 4. Will sit back Sunday and kick all the information around. I wish I had better news. 11 Link to comment Share on other sites More sharing options...
Frankinho007 Posted July 30, 2021 Share Posted July 30, 2021 Which translates to: same level as of now or getting worse? Link to comment Share on other sites More sharing options...
smbauerllc Posted July 30, 2021 Share Posted July 30, 2021 I have definitely noticed most cc vendors being out of stock on a pretty large number of their offerings over the last few months, especially anything popular. Contacted a few about specific cigars and they all said they have no idea when they will have more.Kinda sucks trying to make a nice, full order and having at least half of what you want being out of stock. Very fortunate timing that I just recently got back into nc's, so at least I have an endless variety of them to supplement my cc stock Sent from my SM-G930V using Tapatalk 1 Link to comment Share on other sites More sharing options...
Monterey Posted July 30, 2021 Share Posted July 30, 2021 Wasn't it a month ago they were telling us that by the end of the year they would be close to 100%. Who knew we couldn't believe what they say! 1 Link to comment Share on other sites More sharing options...
Mickey D Posted July 30, 2021 Share Posted July 30, 2021 At least 25 count jars of Behike 56s are readily available. 😝😂🤓 1 Link to comment Share on other sites More sharing options...
djrey Posted July 30, 2021 Share Posted July 30, 2021 Hopefully people will calm down their buying with the inflated prices that will surely be coming/are already here. If vendors know people will spend $300 for a box of Robustos I guess we'll go ahead and set the new market value. 2 1 Link to comment Share on other sites More sharing options...
Cairo Posted July 30, 2021 Share Posted July 30, 2021 29 minutes ago, djrey said: If vendors know people will spend $300 for a box of Robustos I guess we'll go ahead and set the new market value. It is called price discovery. Most likely lower supply = significantly higher prices. Some other vendors are already testing the waters with crazy high prices... Link to comment Share on other sites More sharing options...
djrey Posted July 30, 2021 Share Posted July 30, 2021 37 minutes ago, Cairo said: It is called price discovery. Most likely lower supply = significantly higher prices. Some other vendors are already testing the waters with crazy high prices... Exactly. My hope is that people with more money than sense don’t feed into it. It won’t be a favorable outcome if it happens. 1 Link to comment Share on other sites More sharing options...
SCgarman Posted July 30, 2021 Share Posted July 30, 2021 14 hours ago, El Presidente said: Received a disturbing update today. It is bedlam in terms of global supply with no change likely this side of Christmas. Feel free to ask your favourite CC retailer/distributor to have it confirmed. Supply expected to be 25-35% of normal over the next couple of months. Excuses vary (covid etc) but something doesn't quite add up. I will have to reconsider our 2424 schedule in the short term maybe cutting it back from 5 days to 4. Will sit back Sunday and kick all the information around. I wish I had better news. Are the smaller size vitolas still in decent supply? Example...Marevas, minutos, perlas etc. I know the medium/larger formats are drying up. 6 hours ago, djrey said: Exactly. My hope is that people with more money than sense don’t feed into it. It won’t be a favorable outcome if it happens. I belong to a Rolex watch forum and this situation has already been established with Swiss high end luxury watches. Most stainless steel sport model watches are unobtainable at msrp but available from grey sellers at 2X or more msrp. And people "desperate" to have Rolex on their wrist are feeding the market frenzy. Link to comment Share on other sites More sharing options...
Popular Post Hammer Smokin' Posted July 30, 2021 Popular Post Share Posted July 30, 2021 a rolex on the wrist and a Cohiba between the fingers. an Instagram Champs favourite pastime. 1 9 Link to comment Share on other sites More sharing options...
El Presidente Posted July 30, 2021 Share Posted July 30, 2021 31 minutes ago, NYgarman said: Are the smaller size vitolas still in decent supply? Example...Marevas, minutos, perlas etc. I know the medium/larger formats are drying up. it doesn't appear to be as bad in the under 50 gauge. 3 Link to comment Share on other sites More sharing options...
djrey Posted July 30, 2021 Share Posted July 30, 2021 2 hours ago, NYgarman said: I belong to a Rolex watch forum and this situation has already been established with Swiss high end luxury watches. Most stainless steel sport model watches are unobtainable at msrp but available from grey sellers at 2X or more msrp. And people "desperate" to have Rolex on their wrist are feeding the market frenzy. Oh I’m sure. I’m a big gun guy so I see this every 4 years with Ammo etc. Sadly I’m sure there are a slew of people that would happily pay USD $20+ for a D4. To each their own but at some point the community just needs to say no. But I guess when you are in a hobby where many members have very deep pockets the ceiling is high (ie Rolex etc). 1 Link to comment Share on other sites More sharing options...
SCgarman Posted July 30, 2021 Share Posted July 30, 2021 15 minutes ago, djrey said: Oh I’m sure. I’m a big gun guy so I see this every 4 years with Ammo etc. Sadly I’m sure there are a slew of people that would happily pay USD $20+ for a D4. To each their own but at some point the community just needs to say no. But I guess when you are in a hobby where many members have very deep pockets the ceiling is high (ie Rolex etc). 3 hours ago, Hammer Smokin' said: a rolex on the wrist and a Cohiba between the fingers. an Instagram Champs favourite pastime. Don't forget to add the steering wheel of a Ferrari in the Insta pics. 😛 2 Link to comment Share on other sites More sharing options...
Popular Post Hammer Smokin' Posted July 30, 2021 Popular Post Share Posted July 30, 2021 get as much in your InstaChamp picture as you can 1 7 1 Link to comment Share on other sites More sharing options...
HarveyBoulevard Posted July 30, 2021 Share Posted July 30, 2021 40 minutes ago, Hammer Smokin' said: get as much in your InstaChamp picture as you can You'd think he could at least spring for some new jeans if he can afford all that other stuff... 3 Link to comment Share on other sites More sharing options...
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