COE- August 2010 1st Bidding Exercise

[Edminski]

CAT A ends at 32k ba...

[Westfox09]

lol :) got it

[Silver_blade]

Shouldn't have any more surprises. Should end as it is.

Edited August 4, 2010 by Silver_blade

[Edminski]

COE Open Bidding

 

AUGUST 2010 1st Open Bidding Exercise has ended on 04/08/2010 16:00 hrs

Results are being finalised

Bidding status as at 04/08/2010 16:00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 32,104 622 786

B CAR (ABOVE 1600CC) 43,334 479 662

C GOODS VEHICLE & BUS 30,112 205 284

D MOTORCYCLE 1,301 336 384

E OPEN 42,901 309 594

[SimonTan]

Game over.........

Avante can chut chai liao!!

Congratulations!

 

 

 

 

COE Open Bidding

AUGUST 2010 1st Open Bidding Exercise has ended on 04/08/2010 16:00 hrs

Results are being finalised

 

Bidding status as at 04/08/2010 16:00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 32,104 622 786

B CAR (ABOVE 1600CC) 43,334 479 662

C GOODS VEHICLE & BUS 30,112 205 284

D MOTORCYCLE 1,301 336 384

E OPEN 42,901 309 594

 

[Mrlancergtx]

Cat A lost badly! Cat B was the runner up and Cat E as usual is the winner of the grand finale...

[The_Bear]

Cannot imagine the kind of mayhem that takes place in an AD's office during COE bidding hour. Is there a specialise room with IT support personnel on stand-by? Central control console? Managers shouting bids like the stock exchange?

[Summer69]

  On 8/4/2010 at 8:03 AM, Bavarian said:

Cannot imagine the kind of mayhem that takes place in an AD's office during COE bidding hour. Is there a specialise room with IT support personnel on stand-by? Central control console? Managers shouting bids like the stock exchange?

 

the only unique stock exchange where broker decides the bidding price, not the customer/ client.

 

[Carer]

$22,001 was the amount i bidded via the atm machine... thought can get myself another OPC.. sigh..

 

now my funds get stucked for a week

[Yenyenpark]

  On 8/4/2010 at 8:02 AM, Mrlancergtx said:

Cat A lost badly! Cat B was the runner up and Cat E as usual is the winner of the grand finale...

 

 

No No.. Cat B is the Champion, dethrone Cat E!!

 

[Yenyenpark]

  On 8/4/2010 at 8:03 AM, Bavarian said:

Cannot imagine the kind of mayhem that takes place in an AD's office during COE bidding hour. Is there a specialise room with IT support personnel on stand-by? Central control console? Managers shouting bids like the stock exchange?

 

no lah, they are got their number in minds after these few days.. and basically they are jus like normal office ppl sitting in front the laptop, with the number pre-key in.. and some docs on the desk to records down those bids they had put..

 

 

[SimonTan]

Come on lah....$5k will be returned to you by tomorrow noon time.

No need to wait a week for your $5k to be released.

 

 

I happy....today CatA lower....heng I got my car with higher COE($36k) paper value!

So feel lucky...like winning $1 4D first prize like that.

 

 

 

 

  On 8/4/2010 at 8:15 AM, Carer said:

$22,001 was the amount i bidded via the atm machine... thought can get myself another OPC.. sigh..

now my funds get stucked for a week

 

[Forrestcat]

  On 8/4/2010 at 8:48 AM, SimonTan said:

Come on lah....$5k will be returned to you by tomorrow noon time.

No need to wait a week for your $5k to be released.

 

 

I happy....today CatA lower....heng I got my car with higher COE($36k) paper value!

So feel lucky...like winning $1 4D first prize like that.

 

Thought the dealers were saying this round, coe prices sure go up due to the reduced quota?

[Getz2008]

  On 8/4/2010 at 8:00 AM, Westfox09 said:

lol :) got it

 

 

congrats. i got it too. :)

[Ferraricalifornia]

CAT A really no demand nia....

[SimonTan]

I guess....the car buyers are smarter now.

The recent April lesson is still fresh in everyone's mind I suppose.

 

Those who did not do top-up = WELL DONE!

Those who kisau did the top-up = SUCK THUMB!!

 

 

I think CatA car will have price reduction this weekends?

It was increased $5-6k two weeks ago.

I suppose AD will reduce $3-4k this weekends to pull in the crowds?

 

 

[Pcslim]

  On 8/4/2010 at 8:58 AM, Forrestcat said:

Thought the dealers were saying this round, coe prices sure go up due to the reduced quota?

Just another gimmick by the dealers to secure the deals fast.

[Yenyenpark]

Cat A is about 3k off from last month bidding, and last month news mentioned many traders view last month Cat A is overpaid, because some agent are clearing stock.. so this time, it's considered normal