COE Bidding - 2nd Round of November 2016

[commonjunks]

let's see it jumps to 6K very soon haha

 

6K, give this boy a bear.

 

[Mits_jc]

Wonder who didn't get their Cat B COE due to dealer bidding 53K.

[dahliax85]

Well generally evth close down: 

 

Cat A down 2K 

Cat B down 3K 

Cat D down 2K

 

Seems more or less plus minus 1k to 2k range

[therock]

Last minute surge, making both Cat A and B break 50k..

But despite the sales, it's down.

So those hoping for a lower COE may get their wish when the demand for the pre CNY rush subsides and motorshow demand drops.

[etck72]

congrats to all successful bidders!

[Mits_jc]

Cat A: 50,951 -1,717

Cat B: 53,001 -3,205

Open: 56,000 -1,099

[sbs2716g]

let's see it jumps to 6K very soon haha

 

it have been like that for the past year liao for motocycle.. last 2 mins sure got ppl come in with many bids to push up the motocycle COE to 6K and above.....

 

whether these bids are real? no one know... 

 

but roughly outside know what happen...  do u think the motocycle traders wan the COE price to drop? 

[commonjunks]

it have been like that for the past year liao for motocycle.. last 2 mins sure got ppl come in with many bids to push up the motocycle COE to 6K and above.....

 

whether these bids are real? no one know... 

 

but roughly outside know what happen...  do u think the motocycle traders wan the COE price to drop? 

 

LTA still win what, bids are real or not they are going to collect the money anyway.

 

BTW on side note, i got mine .

Edited November 23, 2016 by commonjunks

[Jamesc]

Wonder who didn't get their Cat B COE due to dealer bidding 53K.

 

Cat B: 53,001 -3,205

 

Miss by $1. I bet they will be pissed with their AD.

 

 

[Sktan10]

Any uber bidding this round?

[Ct3833]

Cat A: 50,951 -1,717

Cat B: 53,001 -3,205

Open: 56,000 -1,099

COE declined across all Cats. Good chance i could renew COE next year. Haha.

[Rooney3]

Check with the SEs. Coming bidding is going to drop back. Prices have already been adjusted across most brands.

Quote for truth. Those buying now probably damn gutsy knowing there's already a slowdown. Bigger proof is the drop in the total bid number. Edited November 23, 2016 by Rooney3

[Dafansu]

COE declined across all Cats. Good chance i could renew COE next year. Haha.

 

 

Prevailing Quota Premium

Cat A

Jan 2014: 76109

June 2014: 71672

Jan 2015: 65607

June 2015: 66107

Jan 2016: 56633

Nov 2016: 51641

2017: ????

[therock]

Let's see if there's any Uber involvement.

They may have triggered the last minute surge.

If not, then you know there's an underlying demand and resistance to a drop at the 50k mark.

 

This means that the predictions of a much lower COE won't happen simply because there's a demand still. So unless the economy tanks, it won't happen.

 

And for those hoping it tanks, well, the question is whether you still have a job at that point..

[Ct3833]

Prevailing Quota Premium

Cat A

Jan 2014: 76109

June 2014: 71672

Jan 2015: 65607

June 2015: 66107

Jan 2016: 56633

Nov 2016: 51641

2017: ????

7

7

6

6

5

5

?

?

[Jusnel]

Let's see if there's any Uber involvement.

They may have triggered the last minute surge.

If not, then you know there's an underlying demand and resistance to a drop at the 50k mark.

 

This means that the predictions of a much lower COE won't happen simply because there's a demand still. So unless the economy tanks, it won't happen.

 

And for those hoping it tanks, well, the question is whether you still have a job at that point..

 

i suspect Uber has a hand at the last minute,  i was monitoring at Onemotoring, and saw the surge at the last minutes. Unbelievable.  This system is flawed!!!

[13177]

i suspect Uber has a hand at the last minute, i was monitoring at Onemotoring, and saw the surge at the last minutes. Unbelievable. This system is flawed!!!

Even there is last minutes bidding from uber, but Cat A coe still dropped in this round.

Cat B: 53,001 -3,205

 

Miss by $1. I bet they will be pissed with their AD.

 

Who doesnt pissed off with the AD if missed by $1?! Lol. If i were that person, i will blacklist the AD.

[wdldalian]

Time   COE      No. of bidders

1542   1           1,811
1544   5,006    1,853
1545  10,001   1,856
1546  43,999   1,965
1547  48,051   2,071
1548  48,141   2,086
1549  48,641   2,110
1550  48,761   2,137
1551  49,021   2,231
1552  49,041   2,236
1553  49,689   2,336
1554  49,689   2,348
1555  49,801   2,379
1556  50,091   2,412
1557  50,151   2,417
1558  50,228   2,421
1559  50,851   2,515
1600  50,951   2,536

 

Based on my observations in the above table, you can see there are some minutes with more than 100 bids coming in.