COE- March 2011 2nd Bidding Exercise

[SimonTan]

Taxi co will be laughing to the bank if the gov really allocate some COE quota for them monthly!

The few taxi co will Pa-kat, to make it $1.

Its a few player only, so easier to pa-kat.

Further more...its not like each month the taxi co die die must replace their fleet.

 

[Summer69]

Taxi co will be laughing to the bank if the gov really allocate some COE quota for them monthly!

The few taxi co will Pa-kat, to make it $1.

Its a few player only, so easier to pa-kat.

Further more...its not like each month the taxi co die die must replace their fleet.

 

you think they petrol gang of 4 ah?

 

taxi coy will bid as high as they wish, then pass the cost to the consumer, very easy, up taxi fare.

[Booboon]

It will drop.

Japanese AD might have lesser stocks of car to sell.

Less stocks means lesser COE to bid for customers.

Just need Toyota to suffer slow down and delay on the car shipment by three months to Sinagpore, then COE might crash to $1.

kong kum

 

[Carer]

http://money.cnn.com/2011/03/22/autos/japa...rices/index.htm

 

 

car prices going to increasw

Edited March 22, 2011 by Carer

[Tigershark1976]

To be honest $1 coe will only arrive when GAHMEN need to refresh their fleet of cars...Just analyze, Police force changed most of their 2000 corolla to 2009 Altise and Hilux, Comfort change their Crown fleet to 2009 Sonata fleet, coincidence?

 

 

yes, its coincidence... COE price is never in their consideration when changing their fleet of vehicle... just imagine, if you can anyhow print COE, is COE price your consideration when buying a car?

Edited March 22, 2011 by Tigershark1976

[Vangaat]

.....

 

Supply drop, demand should be up, how to drop COE.. Lol

[Pigkachu]

newspaper reported that taxi companies will continue expanding until 2012.

[Darryn]

.....

 

Supply drop, demand should be up, how to drop COE.. Lol

Actully; by definition supply always = demand.

Should be supply down price up demand down

[Silverelf]

How come there is no end to the taxi replacement? Thought one taxi can last for 10 yrs?

Nope, replacement of taxi depends on company but more along the lines of 4 to 6 years. A taxi runs many more hours a day and wears out alot faster.

[Akula]

Taxi COE "lifespan" is 8 yrs, was 7 yrs till a few years back!

[Mllcg]

Taxi COE "lifespan" is 8 yrs, was 7 yrs till a few years back!

 

its 7

 

not 8

 

btw, how does the COE look like?

 

or is there actually no physical cert at all?

[Mllcg]

you think they petrol gang of 4 ah?

 

taxi coy will bid as high as they wish, then pass the cost to the consumer, very easy, up taxi fare.

 

A vs B vs C

 

all fighting for a limited supply.

 

if C wants all, A and B sure go all out to get it. there might even be a SIX digit COE if that happens.

[Laworder17]

COE Open Bidding

 

Bidding will end on 23/03/2011 16:00 hrs

Bidding status as at 23/03/2011 07:15:19.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 527 26

B CAR (ABOVE 1600CC) 1 424 23

C GOODS VEHICLE & BUS 1 281 1

D MOTORCYCLE 1 362 55

E OPEN 1 330 2

Source: Land Transport Authority

 

[Tayspiderx]

Its just a data entry not even a print. We pay ten of thousands for a data entry...

[Laworder17]

COE Open Bidding

 

Bidding will end on 23/03/2011 16:00 hrs

Bidding status as at 23/03/2011 08:35:59.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 527 27

B CAR (ABOVE 1600CC) 1 424 24

C GOODS VEHICLE & BUS 1 281 1

D MOTORCYCLE 1 362 55

E OPEN 1 330 3

Source: Land Transport Authority

[SimonTan]

Something to do with elastic and inelastic.

 

Car manufacturing can up and down.

Car AD orders car can be up and down.

AD stocks on hand can be up and down.

 

One thing for sure is COE quota is fixed, no up no down.

 

If the major AD cannot get enough car for this two months.

Then the stocks on hand will be down.

Then AD will not sign too many sales agreement contracts, if future stocks are uncertain.

How can this major AD keeps bidding COE for non-existant customers if there is not enough car to sell? Correct or not?

The Japan earthquake affected this particular AD supply of cars and car parts.

 

I think today COE price will drop significantly for Cat.A.

 

 

Supply drop, demand should be up, how to drop COE.. Lol

 

[PPeripheraL]

Something to do with elastic and inelastic.

 

Car manufacturing can up and down.

Car AD orders car can be up and down.

AD stocks on hand can be up and down.

 

One thing for sure is COE quota is fixed, no up no down.

 

If the major AD cannot get enough car for this two months.

Then the stocks on hand will be down.

Then AD will not sign too many sales agreement contracts, if future stocks are uncertain.

How can this major AD keeps bidding COE for non-existant customers if there is not enough car to sell? Correct or not?

The Japan earthquake affected this particular AD supply of cars and car parts.

 

I think today COE price will drop significantly for Cat.A.

Yep, especially since main HQ stop production already.. hopefully Cat A will drop in the next few weeks. then it will be a good time to buy before the production continue

[Kar_lover]

I think today COE price will drop significantly for Cat.A.

 

Highly doubt so. Ppl who want to buy car can still buy mazda, honda, kia, hyundai, VE, citreon, etc. And also as ppl pointed out altis is not MIJ.