2015 Mar, 2nd COE Bidding Exercise

[Voodooman]

Well said bro. No one can predict future, include COE price. Those waiting to drop can only wait and pray. No theory or formula can calculate the COE price drop. Only one condition, economic crisis..

And large COE supply and 50% financing rule and new govt regulations and policies and AD's pricing strategies, etc, etc. I agree it is not easy to predict but I don't agree economic crisis is the only condition here for COE prices to drop to say 50-60k.

[Heman75]

I would like to save $166 a month, it however does not mean I cannot afford it.

 

I think you have bought at higher COE prices and may be unhappy should COE prices drop further, many are in your situation, like Forte, everyday shouting COE prices will only go up but cannot explain why he thought so. I would advise you to get out of the kitchen if you cannot take the heat. Anyway, take your own advice, you have bought a car you can afford, so be happy and live with it. It is damn TL to buy high but move on and enjoy the car. I intend to do that. haha...

Fyi. I don't bother the coe goes up or down and I don't just own one car and i have car with low coe and because I also buy within my means. I hoping it goes high is to let those know that coe cannot be predicted and don't be sour grape on those who bought. You can also get out of the kitchen if you can't accept what I said and comment on my point of views. It is a free world like some Bros said

[Voodooman]

Fyi. I don't bother the coe goes up or down and I don't just own one car and i have car with low coe and because I also buy within my means. I hoping it goes high is to let those know that coe cannot be predicted and don't be sour grape on those who bought. You can also get out of the kitchen if you can't accept what I said and comment on my point of views. It is a free world like some Bros said

First you talked about equity prices being difficult to predict and that it has no relation to the performance of the company, which I cannot agree. Prices moved due to many factors and these factors (almost) always have an impact on the company.

 

Then you linked it to your assumption that people who are waiting for COE prices to drop further and/ or are of the view that COE prices will drop further cannot afford an additional $166 a month? And since you can afford it, you bought? What sweet advice?

 

Everyone can have a view but the way you put it across is kind of condescending. My apology IF I have misread your post.

Edited April 4, 2015 by Voodooman

[Heman75]

First you talked about equity prices being difficult to predict and that it has no relation to the performance of the company, which I cannot agree. Prices moved due to many factors and these factors (almost) always have an impact on the company.

 

Then you linked it to your assumption that people who are waiting for COE prices to drop further and/ or are of the view that COE prices will drop further cannot afford an additional $166 a month? And since you can afford it, you bought? What sweet advice?

 

Everyone can have a view but the way you put it across is kind of condescending. My apology IF I have misread your post.

Sorry but I think I didn't mention it has no relationship to company performance. Like u mentioned many factors, I said the equity can drop regardless whether the company is doing well and depend on many factors like you mentioned. Theory can't used with accuracy now. Secondly,regardless whether you want to save more since one can afford. The fact is if you need to think so much then I would say not ready. The point that I am driving across is if one need to think so much then I would suggest they wait until ready. Maybe I and being very straight but that is fact and realistic. Sorry if I am too direct

[Voodooman]

Sorry but I think I didn't mention it has no relationship to company performance. Like u mentioned many factors, I said the equity can drop regardless whether the company is doing well and depend on many factors like you mentioned. Theory can't used with accuracy now. Secondly,regardless whether you want to save more since one can afford. The fact is if you need to think so much then I would say not ready. The point that I am driving across is if one need to think so much then I would suggest they wait until ready. Maybe I and being very straight but that is fact and realistic. Sorry if I am too direct

My boss is waiting to buy a S400 but he is not ready....haha....Peace.

[Blackyv]

My boss is waiting to buy a S400 but he is not ready....haha....Peace.

My boss also... He has not driven a car more than 3yrs but his current volvo s80 is into its fourth year.... Hehehe... I know his hand itchy but just not willing to sign yet... But Who knows, he might drive to office with a new car next Monday...

[owak]

 

i doubt BM will ask buyers to top up. it's not their style, i reckon.

 

Not true. 5 yr ago they had altis promotion during 2010 cny. But they failed to fulfill after 6 bids. Buyers were told to top up bet $8k to $11k. And at that time Straits Times published article too. You can search mycar forum for this old topic.