Nohnemwan 1st Gear November 20, 2008 Share November 20, 2008 Nov 20, 2008 COE plummets to $2 Asked for its reaction to the $2 COE, a Transport Ministry spokesman said: 'It's a result that's quite unexpected. We'll have to study it carefully to find out why it happened.' You no know meh? LTA is famous for the EMAS. EMAS stand for: Extra Money Anyhow Spend ↡ Advertisement Link to post Share on other sites More sharing options...
Nlatio Turbocharged November 20, 2008 Share November 20, 2008 ya ya ya... after their so call study, they will prob tell you okay....now bidding, start bid Min is 5K...... so won't have such "dramatic" COE price..... also they will go cane the fella who is suppose to monitor the coe.... Link to post Share on other sites More sharing options...
King_of_abalone Clutched November 20, 2008 Share November 20, 2008 I heard that last time COE crash always coincided with Police Force buying new fleet of cars, etc... true or not? Link to post Share on other sites More sharing options...
Nlatio Turbocharged November 20, 2008 Share November 20, 2008 And they want to lauch new fleet of taxi in the hundreds/thousands??? Link to post Share on other sites More sharing options...
Windwaver Turbocharged November 20, 2008 Share November 20, 2008 How does this affect car owners like us? Link to post Share on other sites More sharing options...
Icejelly76 Clutched November 20, 2008 Share November 20, 2008 Eh, u habent wake up ar? Temasek go down?? Bro you never know..... CPF advertising on TV for people to TOP UP CPF for 5% interest. Something fishy leow.... Link to post Share on other sites More sharing options...
Larrysoon Neutral Newbie November 20, 2008 Share November 20, 2008 I think they didn't forgo 18.5 million i think, maybe it is something like this: Firstly bank need fund injection from the garment so the bank call them up and say can you help me i got 200 million of bad debts all together. Then think tank..... think for awhile ok we forgo 18.5 million for one bidding and you stop giving out loans since now you are lack of cash. when COE crash i slash it to 1000 pieces only per bidding only. We push it up till $40000 per piece from there per bidding we take 40million from market. 3 months later i inject 200 million into you and remember to pay back with interest so you think this is a good deal. The maths 200 million with 5% interest = 10 million i don't loss out in long term right. Link to post Share on other sites More sharing options...
Iziz Clutched November 20, 2008 Share November 20, 2008 They wan money to invest mah, u donno they wanna invest in GE meh? Link to post Share on other sites More sharing options...
Will_I_Am 2nd Gear November 20, 2008 Share November 20, 2008 They should learnt from the Thais ... they have huge LEDs signboard showing the major roads traffic condition denoted by the different color code. Green = smooth ; Amber = Slight traffic ; RED = JAM . With the EMAS, all that is shown is the time required to reach a particular place. How that is being derived, we also don't know. Nov 20, 2008 COE plummets to $2 Asked for its reaction to the $2 COE, a Transport Ministry spokesman said: 'It's a result that's quite unexpected. We'll have to study it carefully to find out why it happened.' You no know meh? LTA is famous for the EMAS. EMAS stand for: Extra Money Anyhow Spend Link to post Share on other sites More sharing options...
Kungming 1st Gear November 20, 2008 Share November 20, 2008 So logically theyl will up the ERP more now to make up the shortfall for their freespending adventures Link to post Share on other sites More sharing options...
Sturtles 6th Gear November 20, 2008 Share November 20, 2008 Pardon me, wad is FTW? It means "screw the world" Link to post Share on other sites More sharing options...
Doosan 1st Gear November 20, 2008 Share November 20, 2008 die die must study leh, imagine cat A COE 1,8++ x $2=$3,+++/= IF, if x $1O,OOO/=18,OOO,OOO/=+ lugi so much here,lugi more than tat 16mil makan by lemon bottle......he..... Link to post Share on other sites More sharing options...
Doosan 1st Gear November 20, 2008 Share November 20, 2008 may not be the case, maybe job cut faster than COE cut! OM God........ Link to post Share on other sites More sharing options...
Xclusive Neutral Newbie November 20, 2008 Share November 20, 2008 Link to post Share on other sites More sharing options...
Doosan 1st Gear November 20, 2008 Share November 20, 2008 submit report in 5min is not garmen job liow! tis means u r NOT studying........... u r lazy,garmen cud not allow tis type peole to work like tat ......man MUST take time.....ample time.......wit details, justofight cost invest in hardwalking staffs...ha.... Link to post Share on other sites More sharing options...
Spurman Supercharged November 20, 2008 Share November 20, 2008 I think they didn't forgo 18.5 million i think, maybe it is something like this: Firstly bank need fund injection from the garment so the bank call them up and say can you help me i got 200 million of bad debts all together. Then think tank..... think for awhile ok we forgo 18.5 million for one bidding and you stop giving out loans since now you are lack of cash. when COE crash i slash it to 1000 pieces only per bidding only. We push it up till $40000 per piece from there per bidding we take 40million from market. 3 months later i inject 200 million into you and remember to pay back with interest so you think this is a good deal. The maths 200 million with 5% interest = 10 million i don't loss out in long term right. Fuah, U clever anologist here.. Like tat also can.. Good luck man Link to post Share on other sites More sharing options...
Lab4games 1st Gear November 20, 2008 Share November 20, 2008 The highest bidder is not $2. There are many ADs who bidded $8K/$10K etc. It's just that the lowest bid of $2 happen not to oversubscribe the COE quota. thanks for the clarification. i always cannot remember which bid they use to determine the final coe price. as to what u said, it is purely demand and supply mah. the $2 bidder manage to be in the game when the whistle blows. nothing to tweak! Link to post Share on other sites More sharing options...
Doosan 1st Gear November 20, 2008 Share November 20, 2008 best place to study is during 7th hungry ghost month. tat specialist wit loud speaker: "lai,lai,lai,tongkim see Cat A liou,wu simit lung ai peow? kakkin,kakkin. boh tuh bueah hu liou, seetiam(4pm)ai siew kang liou...... seemit?? boh lung peow??? knn pullboh, u su lui liou! ↡ Advertisement Link to post Share on other sites More sharing options...
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