Sarine Technologies

[specuvestor]

https://sg.yahoo.com/style/the-elite-clu...55229.html

Funny that it makes no mention of manmade diamonds affecting the margin and supply

What is the purpose of diamonds? Vanity. Same with branded bags.

Fake diamonds in the past is too obvious. So were fake bags. Now not so obvious. That's why affluents going much higher end to Hermes because you can't really tell a Prada from fake anymore but you can sort of tell if the person can afford Hermes Tai-tais  are not going to ask for diamond grading certificates

That's the world of vanity they operate in. So if lab diamonds and real diamonds cannot be distinguishable, my guess is that it will have huge impact on diamond industry, provided the lab diamonds are able to break in. Sometimes it's mere politics, not quality. If lab diamonds manage to get a foothold in the market, I would say it WILL impact Sarine.

And we all know what is the value of diamonds in secondary market because of De Beers.

https://www.valuebuddies.com/thread-2623...#pid147651