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COE - 2008 Sept 2nd bidding exercise


Ahyoo2002
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Hi all,

 

As usual, COE bidding again. Up or down?

 

For this round:

1) Petrol down 5 cents

2) Stock market still in roller coaster mode

3) Is "R" coming?

 

Will we see a "strong" rebound for Cat A?

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Bidding status as at 15/09/2008 13:43:44.18 hrs

Category Current COE Price ($) Quota Bids Received

A Car (1600cc & below) &Taxi 1 2,035 4

B Car (Above 1600 cc) 1 1,127 0

C Goods Vehicle & Bus 1 385 0

D Motorcycle 1 446 0

E Open 1 880 0

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Recap:

 

1) Cat A and B down. C, D and E up.

2) Cat A at almost 11 months low [shocked]

3) Bids received very low[/b]

 

Bidding status as at 03/09/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 9,501 2,038 2,172******134......-$3788 [thumbsup]

B Car (Above 1600 cc) 13,389 1,099 1,195******96......-$501

C Goods Vehicle & Bus 13,889 385 466 +

D Motorcycle 1,452 447 584 +

E Open 14,300 880 1,503******623......+$299

 

Bidding status as at 20/08/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 13,289 2,036 2,318******282......+$788

B Car (Above 1600 cc) 13,890 1,099 1,362******263......+$1001

C Goods Vehicle & Bus 12,989 378 492 +

D Motorcycle 1,310 446 548 -

E Open 14,001 883 1,318******435......-$100

 

Bidding status as at 06/08/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 12,501 2,035 2,267******232......-$1600

B Car (Above 1600 cc) 12,889 1,104 1,253******149......-$1346

C Goods Vehicle & Bus 12,589 384 522 -

D Motorcycle 1,413 452 684 -

E Open 14,101 884 1,229******345......-$757

 

Bidding status as at 23/07/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 14,101 2,048 2,464******416......-$584

B Car (Above 1600 cc) 14,235 1,099 1,307******208......-$1266

C Goods Vehicle & Bus 12,659 386 497 -

D Motorcycle 1,489 475 600 -

E Open 14,858 880 1,178******298......-$803

 

Bidding status as at 09/07/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 14,685 2,036 2,463******427......+$584

B Car (Above 1600 cc) 15,501 1,099 1,383******284......+$812

C Goods Vehicle & Bus 12,959 377 535

D Motorcycle 1,551 448 707

E Open 15,661 875 1,258******383......+$202

 

### 3 weeks interval

 

Bidding status as at 18/06/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 14,101 2,037 2,319******282......-$489

B Car (Above 1600 cc) 14,689 1,099 1,280******181......+$49

C Goods Vehicle & Bus 12,002 383 550******167......-$1499

D Motorcycle 1,102 447 631 +19

E Open 15,459 878 1,352******474......-$842

 

Bidding status as at 04/06/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 14,590 2,038 2,500******462......-$1111

B Car (Above 1600 cc) 14,640 1,125 1,282******157......-$2473

C Goods Vehicle & Bus 13,501 377 501******124......-$1255

D Motorcycle 1,083 454 708 -$

E Open 16,301 882 1,221******339......-$399

 

Bidding status as at 22/05/2008 16:01 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 15,701 2,063 2,824******761......+$4692

B Car (Above 1600 cc) 17,113 1,100 1,396******296......+$1224

C Goods Vehicle & Bus 14,756 379 531******152......-$1133

D Motorcycle 1,109 484 762

E Open 16,700 876 1,345******469......+$200

 

Bidding status as at 07/05/2008 16:01 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 11,009 2,053 2,211******158......-$4591

B Car (Above 1600 cc) 15,889 1,101 1,230******129......-$1621

C Goods Vehicle & Bus 15,889 384 493*********......-$2262

D Motorcycle 1,289 447 569*********......-$137

E Open 16,500 886 1,416******530......-$1951

 

Bidding status as at 23/04/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 15,600 2,036 2,197******161......-$1330

B Car (Above 1600 cc) 17,510 1,119 1,324******205......-$1991

C Goods Vehicle & Bus 18,151 379 481

D Motorcycle 1,152 455 545

E Open 18,451 877 1,266******389......-$938

 

Bidding status as at 09/04/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 16,930 2,043 2,570******527......+$1541

B Car (Above 1600 cc) 19,501 1,132 1,382******250......+$500

C Goods Vehicle & Bus 18,900 383 443

D Motorcycle 1,012 449 586

E Open 19,389 881 1,348******467......+$535

 

### 3 weeks interval

 

Bidding status as at 19/03/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 15,389 2,161 2,474******313......+$1038

B Car (Above 1600 cc) 19,001 1,130 1,387******257......+$1001

C Goods Vehicle & Bus 17,610 349 453

D Motorcycle 901 439 662

E Open 18,854 1,088 1,713******625......+$184

 

Bidding status as at 05/03/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 14,351 2,171 2,727******556......+$1495

B Car (Above 1600 cc) 18,000 1,125 1,499******374......+$2490

C Goods Vehicle & Bus 16,310 352 550

D Motorcycle 959 442 612

E Open 18,670 1,088 1,929******841......+$3560

 

Bidding status as at 20/02/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 12,856 2,291 2,923******632......+$854

B Car (Above 1600 cc) 15,510 1,125 1,632******507......+$2301

C Goods Vehicle & Bus 15,002 349 478

D Motorcycle 951 469 681

E Open 15,110 1,106 1,692******586......+$1809

 

Bidding status as at 05/02/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 12,002 2,167 3,005******838......+$1

B Car (Above 1600 cc) 13,209 1,133 1,454******321......-$80

C Goods Vehicle & Bus 13,001 357 551

D Motorcycle 999 441 648

E Open 13,301 1,093 1,786******693......-$500

 

Bidding status as at 23/01/2008 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 12,001 2,231 2,611******380......-$2051

B Car (Above 1600 cc) 13,289 1,144 1,328******184......-$2700

C Goods Vehicle & Bus 12,501 349 424

D Motorcycle 1,012 443 550

E Open 13,801 1,169 1,829******660......-$1800

 

Bidding status as at 09/01/2008 16:02 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 14,052 2,162 2,553******391......+$51

B Car (Above 1600 cc) 15,989 1,172 1,556******384......+$187

C Goods Vehicle & Bus 13,000 352 446

D Motorcycle 1,101 475 527

E Open 15,601 1,094 1,658******564......-$399

 

### 3 weeks interval

 

Bidding status as at 19/12/2007 16:00 hrs

Category Current COE Price ($) Quota Bids Received******Over Allocation Bids......Diff

A Car (1600cc & below) &Taxi 14,001 2,162 2,588******426......+$2000

B Car (Above 1600 cc) 15,802 1,125 1,578******453......+$2688

C Goods Vehicle & Bus 11,851 344 452

D Motorcycle 889 477 634

E Open 16,000 1,104 1,564******460......+$499

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R for Recession?

 

The usual trend is that after a big fall, the next one will raise back up. In this case CatA will surely recover.

Even if show room is not crowded, the COE will still bounce back on wednesday.

 

CatB is shaky.....maybe ahyoo will be a happy man on wednesady.

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The biggest question will be what is the COE quota review.

 

But, with stock market in such a bad situation, lousy economy, higher unemployment rate.................

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Recession or bad markets....the COE price is always controlled by the invisible hand.

 

Even in so called 'good' times in the past 8months, the COE prices were already considered soft compared to the last 10 years value.

 

So I will not be surprised that the invisible hand intervenes with a heavier cut to help boost up the gov coffers.

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