COE Bidding – 1st Round of October 2020

[13177]

Just now, Scion said:

amazing...

almost 330pm but Cat A still short of 200 bids to crack the egg

No worries, can catch up very fast one. Lol.

[Cheekeong_7]

CAT A slow today... Got hope for a big big drop!

[BananaSenpai]

2nd September bidding

 

 

[Philipkee]

43 minutes ago, bennyp14 said:

best outcome is just a small correction (2-3K) downwards

A hugh correction downwards will only bring peak demand again, and then the COE will rise, and money will get stucked in NG bids again.

I

22 minutes ago, Scion said:

amazing...

almost 330pm but Cat A still short of 200 bids to crack the

If really crash I go chope my honda city and let the fates decide if I will get the car when COE spikes.

Edited October 7, 2020 by Philipkee
Spelling. From gates to fates

[Pplater]

Ok they starting to pump in the cat A bids liao. All were waiting for 3.30pm to play keyboard

[minimalis]

But still quite slow leh

[Bry_2004]

19 minutes ago, Calvin8808 said:

Which part you think is amusing? Those that say still $1 or those that say drop by a $5K or those who say drop by $2k? Or all of the above?

What's your thoughts then?

 

hi calvin, i would think a 5k drop and above would be amusing..
quotas are little this bidding exercise..add that up with sales from Borneo, sales from Komoco (on outgoing Hyundai Avante), sales from PM (on Audi), sales from AG (on Opel) etc
i really see little reason for COE to fall drastically.

as much as i hope that would happen, the greater the fall, the better, as i am one of those waiting on the sidelines..its really not going to fall by much this time, if it really falls that is..
we might even see an increase in COE prices

Edited October 7, 2020 by Bry_2004

[Cheekeong_7]

CAT C is fast this round.. 

[Pplater]

Cat A about to break egg. What will be the number? Hmmm

[berry64694]

1 minute ago, Pplater said:

Cat A about to break egg. What will be the number? Hmmm

8889

[Fyo8822]

CAT A break

[Bry_2004]

once its broken, it will be fast and furious..
most of the car sales are priced in with high COES..
unless there is an actually fall in sales volume..it will be difficult to see a fall in COE prices 

[Spurman]

7 minutes ago, Cheekeong_7 said:

CAT C is fast this round.. 

lorry up up sia... added cost to construction to fetch workers to work. social distancing at best sia. haiz

[Cheekeong_7]

Just now, Spurman said:

lorry up up sia... added cost to construction to fetch workers to work. social distancing at best sia. haiz

Yes.. Commercial vehicles.. Hard to tan jiak... 

[Passion]

Aiya.. didn’t crash😌

[Cheekeong_7]

Just now, Passion said:

Aiya.. didn’t crash😌

CAT A still healthy range... 

[Scion]

these idiots... bidding up 1k at a time

[Roh96]

Will be nice to see $5k drop in Cat A.