COE- August 2010 1st Bidding Exercise

[Edminski]

My guess is that CAT A and CAT B will drop about $2k each

[Srt911]

I think Cat B will hit $47k....

[Cat]

Hopefully you guess right, other wise i would not get my new ride soon.

[Laworder17]

I think Lunar 7th month coming...All Cats will drop.

[Laworder17]

COE Open Bidding

 

Bidding will end on 04/08/2010 16:00 hrs

Bidding status as at 02/08/2010 15:16:45.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 622 5

B CAR (ABOVE 1600CC) 1 479 2

C GOODS VEHICLE & BUS 1 205 0

D MOTORCYCLE 1 336 8

E OPEN 1 309 0

Source: Land Transport Authority

 

[Lex250]

Ok I am lousy at trying to second guess the car market here...but I'll venture a guess

 

Cat A 42k

Cat B 50K

Cat E 47k

[Laworder17]

Ok I am lousy at trying to second guess the car market here...but I'll venture a guess

 

Cat A 42k

Cat B 50K

Cat E 47k

 

No worry...it's just for fun....

[SimonTan]

My guess.

CatA = $40k

CatB = $50k

CatC = $25k

CatD = $1k

CatE = $42k

 

[Lex250]

No worry...it's just for fun....

 

 

yeap just for fun's sake..will go watch the 'live' bidding at last 30 mins....quite exciting LOLz

[Ayotee]

gong to crash at $1?

[Forrestcat]

My guess for the fun of it:

CatA = $45k

CatB = $52k

CatC = $28k

CatD = $1.2k

CatE = $48k

[Summer69]

conclusion:

 

Singaporean are farking rich.

[Yenyenpark]

CatA = $36k

 

CatB = $46k

 

CatE = $50k

[Ferraricalifornia]

i think there was quite a number of people at VW showroom during the weekends....

 

and quite possibly

 

over at Kia too....

 

to witness the launch of the new Sportage???

[SimonTan]

This round confirmed up because of the reduced quota.

Because of the way AD staggered their bids, assuming AD did not lower their bidding figures, due to the percentile shift in the reduce quota acceptance point. The COE price point will be shifted upwards.

Unless all AD decided to coordinate to lower their bidding value, else there is little chance for Coe to drop.

The equilibrium will need a few cycle to find the balance point.

 

But then looking at todays stock market sentiment, the world is recovering well. STI above 3000 points.

More will feel ok to buy cars from now till year end!

[Laworder17]

This round confirmed up because of the reduced quota.

Because of the way AD staggered their bids, assuming AD did not lower their bidding figures, due to the percentile shift in the reduce quota acceptance point. The COE price point will be shifted upwards.

Unless all AD decided to coordinate to lower their bidding value, else there is little chance for Coe to drop.

The equilibrium will need a few cycle to find the balance point.

 

But then looking at todays stock market sentiment, the world is recovering well. STI above 3000 points.

More will feel ok to buy cars from now till year end!

 

I think ADs will most likely to cool off.....They wouldn't want to see Cat A cars go sky rocket and this will definetly keep buyers away....

[Jeffang]

up up better.... then my new car paper will be higher!

[Booboon]

mazda also very aggressive. 9k off mazda 2, 3 n 5.