COE- May 2011 1st Bidding Exercise

[SimonTan]

Maybe old stocks, like when I bought Jazz, the profit margins are almost negative!

 

New cars.....usually sell with good profits. Cannot set precedence to sell a totally new model at a lost, then in future batch how to make profit?

 

 

 

Yes, in addition, there are lot of new A Cat cars introduced recently. These ADs would not mind making a loss just to put their cars on the road ASAP

 

[Lurv_1989]

COE Open Bidding

 

Bidding will end on 05/05/2011 16:00 hrs

Bidding status as at 05/05/2011 15:22:53.00 hrs

 

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 42,999 511 834

B CAR (ABOVE 1600CC) 15,001 439 489

 

CAT B time!

[Ravary]

COE Open Bidding

Bidding will end on 05/05/2011 16:00 hrs

 

Bidding status as at 05/05/2011 15:23:48.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 42,999 511 837

B CAR (ABOVE 1600CC) 15,009 439 491

C GOODS VEHICLE & BUS 1 277 201

D MOTORCYCLE 1 330 235

E OPEN 1 330 218

 

 

Cat B very conservative sia...only 35mins more to go.

Edited May 5, 2011 by Ravary

[Mllcg]

cat B damn cute sia. increments of 5k

[Carer]

CAT A 42,999 for at least 5 mins already.

[Vaitya]

Maybe old stocks, like when I bought Jazz, the profit margins are almost negative!

 

New cars.....usually sell with good profits. Cannot set precedence to sell a totally new model at a lost, then in future batch how to make profit?

What I mean is "loss due to sudden COE surge". If they lose some money due to this surge, they would not mind as they need to put more and more cars on the road. In future, they can always increase the price citing COE surge!

[Ravary]

COE Open Bidding

Bidding will end on 05/05/2011 16:00 hrs

 

Bidding status as at 05/05/2011 15:29:18.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 42,999 511 844

B CAR (ABOVE 1600CC) 39,501 439 514

C GOODS VEHICLE & BUS 1 277 220

D MOTORCYCLE 1 330 236

E OPEN 1 330 237

 

 

Cat B lai liao, almost $40k.

Cat A suffering from lag...stuck at $42,999 for 10mins!

[SimonTan]

I think most AD got the cut-loss COE price level, where die die cannot breach.

Which manager dare to risk his KPI and bonus to sell at a loss? Not many!

 

 

[SimonTan]

There goes my $1 COE dream.

 

But Motorcycle will get $1 today?

[Vega]

CAT B $50K liao

[Ravary]

COE Open Bidding

Bidding will end on 05/05/2011 16:00 hrs

 

Bidding status as at 05/05/2011 15:34:48.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 43,590 511 882

B CAR (ABOVE 1600CC) 51,889 439 546

C GOODS VEHICLE & BUS 1 277 248

D MOTORCYCLE 1 330 266

E OPEN 1 330 302

 

 

Cat A finally moved up a wee bit.

Cat B jumps to almost $52k.

Open Cat......all waiting last min bids?

[Civic6228]

To Bro Xiaobao ... looks like bye bye Forte and hello Elantra

[Patricklyb]

COE Open Bidding

Bidding will end on 05/05/2011 16:00 hrs

 

Bidding status as at 05/05/2011 15:38:26.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 43,801 511 883

B CAR (ABOVE 1600CC) 52,501 439 556

C GOODS VEHICLE & BUS 1 277 260

D MOTORCYCLE 1 330 275

E OPEN 1 330 330

 

Source: Land Transport Authority

 

[Patricklyb]

OPEN CAT WAR STARTING LIAO

[Getz2008]

open cat start at $2.

[Getz2008]

COE Open Bidding

 

Bidding will end on 05/05/2011 16:00 hrs

Bidding status as at 05/05/2011 15:41:11.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 43,801 511 884

B CAR (ABOVE 1600CC) 53,501 439 562

C GOODS VEHICLE & BUS 1 277 275

D MOTORCYCLE 1 330 282

E OPEN 2 330 331

[JaydenSTI]

open cat start at $2.

 

 

LOL!!! 3 dollar now!!!!!

[Getz2008]

COE Open Bidding

 

Bidding will end on 05/05/2011 16:00 hrs

Bidding status as at 05/05/2011 15:42:06.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 43,801 511 884

B CAR (ABOVE 1600CC) 53,990 439 582

C GOODS VEHICLE & BUS 1 277 275

D MOTORCYCLE 1 330 282

E OPEN 3 330 332

 

 

open cat now $3