Jamesc Hypersonic January 20, 2021 Share January 20, 2021 (edited) 28 minutes ago, Bry_2004 said: time to go marginally higher again.. where is our "if coe 50k i chop didi guy" He bled to death already. Edited January 20, 2021 by Jamesc ↡ Advertisement 5 Link to post Share on other sites More sharing options...
khee76 1st Gear January 20, 2021 Share January 20, 2021 59 minutes ago, 7deadlysins said: Don’t think the next few biddings will see a drop in COE prices due to lesser COE quota looking at past trend, cannot see a very clear trend that once quota drop, COE price go up drastically. Unless quota drop like 50% type.. It is more about whether the AD want to get the car ship out to customer or not. If they cannot meet their supplier quota, then obviously, they will bid higher to get it ship out. If there is no pressure, AD will wait. Most AD did not increase a lot for past 6 month, so they will unlikely to bid high price. In this mkt, i think AD will scare to bid high price. Because another lock down come, they will have hard time building up their backlog. You can see like last year bidding, the amount of bid receive ves quota is almost 2x but the COE only increase $2k-3k per bidding exercise. Now that the amount of bid ves quota is only about 30% more, i think price will come down or flat. Afterall some AD promise CNY delivery. so die die this bid must get one. next bid onward, it will come down slowly until the backlog improve. Link to post Share on other sites More sharing options...
Lotr 6th Gear January 20, 2021 Share January 20, 2021 Stock market up. Property market up. Economy still chugging along. Vaccinations ongoing. Expected shrinking COE supply. Neverending cars sales and promotions enticing buyers. Don't see why COE prices won't go up. 1 Link to post Share on other sites More sharing options...
Bensky 1st Gear January 20, 2021 Share January 20, 2021 Super slow. Looks like all with COE bids placed may soon be celebrating.... Link to post Share on other sites More sharing options...
Soundphile 2nd Gear January 20, 2021 Share January 20, 2021 strong bidding in the last 5 min. estimate an increase this time round again... Link to post Share on other sites More sharing options...
Soundphile 2nd Gear January 20, 2021 Share January 20, 2021 4 minutes ago, Bensky said: Super slow. Looks like all with COE bids placed may soon be celebrating.... still early Link to post Share on other sites More sharing options...
Bry_2004 1st Gear January 20, 2021 Share January 20, 2021 26 minutes ago, Bensky said: Super slow. Looks like all with COE bids placed may soon be celebrating.... too early luh..even now is still considered early..the action only comes in last 10 mins or so Link to post Share on other sites More sharing options...
PaulMeng 2nd Gear January 20, 2021 Share January 20, 2021 All down !! down down down !!! 2 Link to post Share on other sites More sharing options...
bmwvarun Clutched January 20, 2021 Share January 20, 2021 CAT B within 3 minutes from $1 -> $38k -> $45k Link to post Share on other sites More sharing options...
Bry_2004 1st Gear January 20, 2021 Share January 20, 2021 2 minutes ago, PaulMeng said: All down !! down down down !!! no catalyst to go down at all.. Link to post Share on other sites More sharing options...
Lotr 6th Gear January 20, 2021 Share January 20, 2021 6 minutes ago, bmwvarun said: CAT B within 3 minutes from $1 -> $38k -> $45k Quite normal for prices to spike up like this Link to post Share on other sites More sharing options...
Lotr 6th Gear January 20, 2021 Share January 20, 2021 6 minutes ago, Bry_2004 said: no catalyst to go down at all.. All signs, stock market, property market, economy, are pointing up. No reason for COE to fall Link to post Share on other sites More sharing options...
Civic101 6th Gear January 20, 2021 Share January 20, 2021 Just pop by to see anyone needs to chop xiao Didi!😝 Link to post Share on other sites More sharing options...
bmwvarun Clutched January 20, 2021 Share January 20, 2021 Upppp 1 1 1 Link to post Share on other sites More sharing options...
Lotr 6th Gear January 20, 2021 Share January 20, 2021 3 minutes ago, bmwvarun said: Upppp Smaller amount of excess bids can still push the price up Link to post Share on other sites More sharing options...
Bry_2004 1st Gear January 20, 2021 Share January 20, 2021 this time ppl dont dare to gamble didi 4 Link to post Share on other sites More sharing options...
wlalala 4th Gear January 20, 2021 Share January 20, 2021 demand still strong with reduction in quota in the next bidding, most likely will continue rising 1 Link to post Share on other sites More sharing options...
7deadlysins Neutral Newbie January 20, 2021 Share January 20, 2021 We might see $55k by April ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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