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Will the stock be voided if its a fat finger sales? https://www.bloomberg.com/news/articles/2019-01-24/oops-a-brief-history-of-some-of-the-market-s-worst-fat-fingers?utm_source=google&utm_medium=bd&cmpId=google n 83 percent plunge in storied Singapore-listed stock Jardine Matheson Holdings Ltd. Thursday has traders pointing to the most likely culprit: a fat finger. Shares of the 186-year-old conglomerate plummeted in pre-market trading before bouncing right back to eventually trade higher as the session progressed. A spokesperson for the firm said it was aware an electronic trading error had occurred, while Singapore Exchange Ltd. said the bourse is looking into the stock slide.

http://business.asiaone.com/Business/News/...216-328273.html Cash premiums for HDB flats fall by up to 30% COVs for all flat types based on last month's transactions has dropped by amounts ranging between $4,700 to $8,000. -AsiaOne Thu, Feb 16, 2012 AsiaOne SINGAPORE - The overall cash-over-valuation (COV) amount for Housing Board flats have fallen across the board, by as much as 20 to 30 per cent, reported The Straits Times. According to figures compiled by the daily broadsheet, cash premiums for all flat types based on last month's transactions has dropped by amounts ranging between $4,700 to $8,000. COVs for bigger flats saw the biggest drop of as much as $10,000 for five-room flats and $17,000 for executive units. Property agencies told The Straits Times that the slow HDB resale market is due to the record number of new flats being released, as well as upcoming policy changes. For example, HDB has hinted it may change rules to its build-to-order (BTO) scheme to allow more flats to be sold to second-time home buyers. As a result, many may be adopting a 'wait and see' attitude. Sellers are also more unwilling to let go of their flats with the lower COVs. The HDB resale market has had a bull run in the past five years which has seen prices rise 84 per cent. Agency bosses are already predicting that HDB resale flat prices could dip 3 to 5 per cent this year, or up to 10 per cent if the global economic situation worsens.

May overtake Toyota soon but look at this before you decide to plunge into getting one. Click here for more details

This stunt driver Altis driver was trying very hard not to let a convoy of very fast Civic TypeR, S200, GTI overtake him for a good 8 km... dunno what he's trying to prove. In the end..he fishtail big time just after the last car overtook him on the outside on one of the fast left sweeper along a stretch of road near Tanjong Jara. He flip and disappeared into the ditch. The convoy quickly did a U turn to check on him...... Miracle that nobody was not flank out of the cars when it flip. We were horrified that there was 2 kids and the wife. I guess they were wearing seat belts. Stunt driver must be kicking his ass for what he was trying to proof. After the locals had called for tow truck and ambulance, we continue our journey. Morale of the story.....be mindful of your own skill level, type of car you drive and most importantly be courteous to other drivers by letting the faster car pass.... Stupid Idiot ! Nevermind the car....imagine the Sunday Boy Racer Uncle getting more than a mouthful from the wifey after this ! End of the day, everybody was wearing their safety belt and walked out alive ! Thanks to the Kiasu Singaporean must wear seat belt training back home. April 2010 Kuantan

Hi all, since car prices has plunged to $2 this round, can fellow MCF forummers list the car px as at last sat of popular/ common cars like Altis, Civic, Camry, Accord, Stream, 320i, A4 etc, whatever we have, and compare with the price tomorrow by dealers? This way we can roughly judge whether they have reduced car px or not due to the plunge. Of coz I will expect the usual bulls excuses like COE will rebound next round and thus we only reduce XXX amt instead of the full drop but it is still a good gauge for buyers to know. I think this plunge is good for those who doesnt own a car now and is looking for 1 or those whose car is near 5 yr mark and intend to change car soon. Reason being the drop in new car px will not affect the current owner's car price as used car dealer will anyway only take in close to paper value. Lets see how the dealers react tomorrow.

USD has also strengthened to US$1 = S$1.433 Source: http://www.channelnewsasia.com/stories/afp.../373415/1/.html

Hi guys, I am just curious to know whether the recent stock market plunge will have any effect on COE premium. Next COE bidding closed on next Wednesday (22/08/07) Please vote and give reason why you think so. Thanks

Not all benefit from COE plunge last week Those buying a car packaged with COE won't enjoy 50% dive in premiums By SAMUEL EE Email this article Print article ? Feedback THE last time passenger car Certificate of Entitlement premiums were at the level they have now sunk to was in late 1991 and early 1992, barely two years after the vehicle quota system was introduced and COE entered our vernacular. But as we have said many times before in this newspaper, not everyone benefits from the sharp discounts - primarily because of a pitfall people face when buying a car that comes packaged with a COE. Last Tuesday, Category A COEs for cars below 1,600cc plunged $6,681 to $5,200, while Cat B for cars above 1,600cc shed $5,998 to $6,002 after some traders held off bidding amid speculation the Budget would include a cut in the Additional Registration Fee. Other reasons given were the holiday period and the revised schedule for February's two COE tenders, both of which were shortened because of the Chinese New Year break. But most of the people who secured a Cat A or Cat B COE in last week's bidding exercise will not enjoy the full benefit of the premiums diving 50 per cent. A quick check with major distributors shows COE rebate levels range from $5,000 to $9,000. A COE rebate is the cash a dealer gives to the customer when the COE drops below a set level. http://ads.asia1.com.sg/image.ng/Params.richmedia=yes&site=tbto&sec=btomotoring&cat1=auto&cat2=btomotoringart&size=300X250 The people who enjoyed the most festive cheer were those who booked a car with Borneo Motors. The customers of the authorised distributor of Lexus and Toyota, Singapore's favourite brand, enjoyed a rebate of $2,998 for a Cat B car and $3,800 for a Cat A car. So for someone ordering an Altis at $52,988 and who secured a COE at $5,200, this sedan - the country's most popular model - will only cost only $49,188. 'We want to be very open and fair to the customer,' explained Gavin Yeo, director of sales and marketing for Toyota. 'We have been offering this scheme all along because we want to tell our customers that our cars are value for money. Our customers are very important to our business.' He said buyers who did not enjoy refunds were those who required immediate delivery and took up an open category COE, which fell just $795 to $11,804 in the last round. At Hyundai, however, things were different. Authorised agent Komoco Motors has set the COE rebate at $5,000, meaning it is not legally bound to offer any rebate to customers. On the other hand, Komoco said sticker prices had already been cut before the freak COE results last Tuesday. 'We anticipated there would be a correction in COE premiums so we dropped our prices by $2,000 to $3,000 before the tender,' explained Marcus Ang, Komoco's general manager of sales. 'As a result, the COE rebate was adjusted downwards accordingly.' He ruled out any goodwill discount, saying: 'Most people are mature enough and they know what they are in for.' Still, Komoco has since raised its COE rebate to $8,000, Mr Ang said. Rushing in has its benefits As with previous sharp falls in COE premiums, the irony is that those who benefit most are likely to be the people who rush in after it happens. This is because dealers usually cut sticker prices after the tender to reflect the new and lower premiums. So when shopping for a new set of wheels, ordering a car with a packaged COE may not be the smart thing to do. Unfortunately, individuals who want to bid for their own COEs face several obstacles - such as the relatively high $10,000 COE bid deposit and overcoming the conventional sales practice. In an ideal situation, anyone who wants to buy a car would bid for a COE themselves, not through a dealer acting on their behalf. Only after a COE has been obtained would a person then go look for a car to buy - one with a sticker price that reflects its actual cost, the relevant taxes and the agent's profit margin. If this were the case, the experience of shopping for a car would be akin to picking out a luxury item like a nice watch or mobile phone, both of which have prices that fluctuate only with taxes, inflation or fashion. And the total amount you pay would be the real cost - nothing more, nothing less.

hiya forumers, after searching high and low for a replacement ride, i got a gd deal for a Fiat Punto 1.3 Dynamic. Sales told me few units with moonroof left. oso comes with digital climate air conditioning. 1 month & 1 year FOC installment and insurance. drooling over the 3door GT 1.8 version but budget aint right lokking 2 see if mi can fit the HGT front bumper!! any fiat groups here to form a club? dave

Hi all, I will be taking the plunge soon to get an Optra. This is my first car :) What kinda deals have you guys got from the SA? Can share a little? What can I get from the SA now? thanx :)