yo2020 6th Gear May 15, 2015 Share May 15, 2015 will Cat B & E continue to go down like Cat C? will Cat A u-turn?the est COE quota frm Aug 2015 was computed in Post #407 here: http://www.mycarforum.com/topic/2696791-monthly-sharing-on-dereg-data-projected-coe-quota/page-21?do=findComment&comment=5484266 ↡ Advertisement 3 Link to post Share on other sites More sharing options...
Mustank Hypersonic May 15, 2015 Share May 15, 2015 coe yo ah yo!!!! 1 Link to post Share on other sites More sharing options...
7hm Turbocharged May 15, 2015 Share May 15, 2015 I think will get worse... Esp Cat A 2 Link to post Share on other sites More sharing options...
BobbyTan_74287 4th Gear May 15, 2015 Share May 15, 2015 will Cat B & E continue to go down like Cat C? will Cat A u-turn? the est COE quota frm Aug 2015 was computed in Post #407 here: http://www.mycarforum.com/topic/2696791-monthly-sharing-on-dereg-data-projected-coe-quota/page-21?do=findComment&comment=5484266 Cat A may stay around $69k. The other category will go down by 1k. 2 Link to post Share on other sites More sharing options...
yo2020 6th Gear May 15, 2015 Author Share May 15, 2015 yoyo; Any where we can check the number of bids at each pricing level ? I want to determine how many are frivolous bids at $5k or below ? cannot tell u so detailed la... but majority r genuine bids. eg. during last bidding, only abt 80 r <=$30k or abt 130 r <=$53k. 2 Link to post Share on other sites More sharing options...
Limwsv 5th Gear May 15, 2015 Share May 15, 2015 Cat A up by 3K with all the Toyota 6 bids orders kaput as last chance to finish Feb 100K Altis orders. Cat B down by 2K, demand starting to drop as all the rich people wait for convergence of Cat A and Cat B price. 1 Link to post Share on other sites More sharing options...
Char 5th Gear May 15, 2015 Share May 15, 2015 Only market fortune teller can correctly predict where is the COE heading . 1 Link to post Share on other sites More sharing options...
zerobim08 4th Gear May 15, 2015 Share May 15, 2015 It is always better to have lower coe numbers corresponding lower demand/car scrapping than more coe supply with bigger demand/car scrapping. 1 Link to post Share on other sites More sharing options...
Tohto Hypersonic May 15, 2015 Share May 15, 2015 cannot tell u so detailed la... but majority r genuine bids. eg. during last bidding, only abt 80 r <=$30k or abt 130 r <=$53k. You must be Lui Tuck Yew..... 4 Link to post Share on other sites More sharing options...
Simpleonly 5th Gear May 15, 2015 Share May 15, 2015 You must be Lui Tuck Yew..... Ah lui can't give such detail data la... lol his top guy in LTA/MOT will be able to.. :-) 2 Link to post Share on other sites More sharing options...
AthlicSky 2nd Gear May 15, 2015 Share May 15, 2015 This round don't wanna guess. Bad guessing last 2 rounds. 1 Link to post Share on other sites More sharing options...
Pinobii Hypersonic May 15, 2015 Share May 15, 2015 No signs of cat a lowering huh 2 Link to post Share on other sites More sharing options...
Blackyv Turbocharged May 16, 2015 Share May 16, 2015 You must be Lui Tuck Yew..... I guess he work for Lta , in those Coe related section...hehe 2 Link to post Share on other sites More sharing options...
zerobim08 4th Gear May 16, 2015 Share May 16, 2015 (edited) I differ. Lower COE numbers corresponding to lower demand often lead to much jostling among the Kiasu. More COE supply with bigger demand /car scrapping ..allow for more sanity.. More demand with physical car supply not catching up creates more kiasu and desperate instinct among buyers. On top of AD not so flexible with lowering prices since they already have enough to meet (or already met) their annual sales/profit quota. Edited May 16, 2015 by zerobim08 Link to post Share on other sites More sharing options...
Revharder 1st Gear May 16, 2015 Share May 16, 2015 i don't think that cat a will go down it would either remain the same or increase considering the amount of back logs of cat a coe the industry has. just my opinion 1 Link to post Share on other sites More sharing options...
Matrix0405 5th Gear May 16, 2015 Share May 16, 2015 This round don't wanna guess. Bad guessing last 2 rounds. Don be discouraged by the setbacks. Have been wrong since last 2 years. 2 yrs liao, kept hearing tsunami coming, till today, still nothing, maybe now the tap open a bit. Link to post Share on other sites More sharing options...
Sweeney 4th Gear May 16, 2015 Share May 16, 2015 Right now, everyone is thirsty because they have been living in drought conditions for the past 5 years. This is only human psychology. The market has to be so satiated with COEs that they begin to tire of the process of changing cars. This last happened 8-10 years ago. For COE prices to soften, a gradual and gentle downward trend will have to be seen over a few bidding cycles before human psychology kicks in and 'tells' the mind that the 'correct/ rational' course of action will be to hold off and see if it would go down even more. Only when people (i.e. the market) sees this phenomenon happening will they back off because they 'feel' that the next round would be even cheaper and thus back off from jumping in like lemmings into the ocean (as is the case now. Of course, there will always be a group with inelastic demand curve who disregard price movements anyway and be in the market anytime they 'feel' they can afford it. But these are just my musings, only time will tell if COE will soften. 4 Link to post Share on other sites More sharing options...
I_RIDE_DEEP 2nd Gear May 16, 2015 Share May 16, 2015 Right now, everyone is thirsty because they have been living in drought conditions for the past 5 years. This is only human psychology. The market has to be so satiated with COEs that they begin to tire of the process of changing cars. This last happened 8-10 years ago. For COE prices to soften, a gradual and gentle downward trend will have to be seen over a few bidding cycles before human psychology kicks in and 'tells' the mind that the 'correct/ rational' course of action will be to hold off and see if it would go down even more. Only when people (i.e. the market) sees this phenomenon happening will they back off because they 'feel' that the next round would be even cheaper and thus back off from jumping in like lemmings into the ocean (as is the case now. Of course, there will always be a group with inelastic demand curve who disregard price movements anyway and be in the market anytime they 'feel' they can afford it. But these are just my musings, only time will tell if COE will soften. Well said. ↡ Advertisement Link to post Share on other sites More sharing options...
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