Sgnick 1st Gear January 10, 2011 Share January 10, 2011 I write computer viruses that damages a lot of people's computers and cause a lot of unhappiness with me. Then I develop a virus protection software that solve this virus problem immediately and now everyone loves me. Erection is cumming. ↡ Advertisement Link to post Share on other sites More sharing options...
SimonTan 2nd Gear January 10, 2011 Share January 10, 2011 Funny your figures showed more % reduction. Maybe your comparision included the first half of 2010, where there is a bigger COE quota figure. There was a deep quota cut in april2010, but it did not cause a huge surge in COE price at that time. But then judging from the stable COE prices in the second half of 2010. The 3% reduction SHOULD in theory bring the COE prices to the stable price level of say September-November 2010 level? This is 3 per cent or 695 certificates less than the previous six month period. I had made some calculations and these will be the monthly figure from Feb 2011 to Jul 2011 Cat A 1030 (reduce 14%) Cat B 870 (reduce 9%) Cat C 560 (increase 37%) Cat D 650 (reduce 2 %) Cat E 680 (increase 10%) So there's still a significant reduction of Cat A & B. Don't be mislead by the overall reduction of 3%. Let's wait for the announcement from LTA and see how acccurate is my estimation. Link to post Share on other sites More sharing options...
Mockngbrd Supersonic January 10, 2011 Share January 10, 2011 it'll still go up cos ppl will still read it as a "reduction in COE" Link to post Share on other sites More sharing options...
Best_ctzn Clutched January 10, 2011 Share January 10, 2011 I had made some calculations and these will be the monthly figure from Feb 2011 to Jul 2011 Cat A 1030 (reduce 14%) Cat B 870 (reduce 9%) Cat C 560 (increase 37%) Cat D 650 (reduce 2 %) Cat E 680 (increase 10%) So there's still a significant reduction of Cat A & B. Don't be mislead by the overall reduction of 3%. Let's wait for the announcement from LTA and see how acccurate is my estimation. You projection is quite close leh. http://www.lta.gov.sg/images/COE%20Quota%20Annex%20A.pdf Link to post Share on other sites More sharing options...
Aaronlkl Supersonic January 10, 2011 Share January 10, 2011 (edited) You guys are too optimistic. It may fall but not much. Dun think will see less than $10k "see ho ee" for the next 5 yrs or so.. Edited January 10, 2011 by Aaronlkl Link to post Share on other sites More sharing options...
Mustank Hypersonic January 10, 2011 Share January 10, 2011 whoa looks like less lowlee and pigkarps Link to post Share on other sites More sharing options...
Wiltanws Neutral Newbie January 10, 2011 Share January 10, 2011 You projection is quite close leh. http://www.lta.gov.sg/images/COE%20Quota%20Annex%20A.pdf Yup, considered very close as I had to make many assumptions as I did not have complete data when i made the calculation Link to post Share on other sites More sharing options...
Ben5266 Supercharged January 10, 2011 Share January 10, 2011 Funny your figures showed more % reduction. Maybe your comparision included the first half of 2010, where there is a bigger COE quota figure. There was a deep quota cut in april2010, but it did not cause a huge surge in COE price at that time. But then judging from the stable COE prices in the second half of 2010. The 3% reduction SHOULD in theory bring the COE prices to the stable price level of say September-November 2010 level? This is 3 per cent or 695 certificates less than the previous six month period. Don't jump into conclusion so fast. Cat A 1195 to 1020 Cat B 958 to 847 Cat C 409 to 551 Cat D 664 to 651 Cat E 618 to 659 Cat A downed by 15%! Cat B downed 12%. COE will crash? No, maybe up with less pace. Cat C increased by 35%, pro-business policy? Cat E also up. Speculators will need to take cover unless Cat B shoot up to $80k. Link to post Share on other sites More sharing options...
Ben5266 Supercharged January 10, 2011 Share January 10, 2011 whoa looks like less lowlee and pigkarps Think you kua salah... Lowlee, pigup and bus up from 409 to 551. Or I see wrongly? Link to post Share on other sites More sharing options...
Caravan 5th Gear January 10, 2011 Share January 10, 2011 And adjustment for over-estimations of vehicle de-registration in 2008 and 2009. Now is 2011, now then they want to correct the over-estimations 3 years ago? WTF? Link to post Share on other sites More sharing options...
SimonTan 2nd Gear January 10, 2011 Share January 10, 2011 The under built HDB in 2007....now also make-up in more BOT and EC offered mah. Now is 2011, now then they want to correct the over-estimations 3 years ago? WTF? Link to post Share on other sites More sharing options...
SimonTan 2nd Gear January 10, 2011 Share January 10, 2011 Saw the LTA data....WOW got 155 Cat.E COE were expired. (I assume LTA do not refund the $10,000 deposit?) Speculators are Farking rich to lose $10k per Cat.E COE just like that! Link to post Share on other sites More sharing options...
Summer69 Clutched January 10, 2011 Share January 10, 2011 slowly but surely, more goodies cumming for the suffocated, local pure breed, Singapore-orang. next will be TC S & CC rebates, utilities rebates, fight-the-inflation rebates, education rebate, GST rebates give-$$$-back-to-the-people rebates etc........ Link to post Share on other sites More sharing options...
Summer69 Clutched January 10, 2011 Share January 10, 2011 slowly but surely, more goodies cumming for the suffocated, local pure breed, Singapore-orang. next will be TC S & CC rebates, utilities rebates, fight-the-inflation rebates, education rebate, GST rebates give-$$$-back-to-the-people rebates etc........ Link to post Share on other sites More sharing options...
Patrickmaniac Neutral Newbie January 10, 2011 Share January 10, 2011 But no pay increase! Link to post Share on other sites More sharing options...
Watwheels Supersonic January 10, 2011 Share January 10, 2011 Dun be so quick to do your bookings. After election there may be more surprises. Link to post Share on other sites More sharing options...
Windchoco 1st Gear January 10, 2011 Share January 10, 2011 so the point is that the coe will still go up right? Link to post Share on other sites More sharing options...
Vangaat Neutral Newbie January 10, 2011 Share January 10, 2011 Cheerios.. Time for a new ride! ↡ Advertisement Link to post Share on other sites More sharing options...
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