COE Analysis

[wait4me]

Yes and no. Yes you can profit is you do a transfer but you need a company as last check is cannot transfer between 2 individuals.

 

And no, you cannot profit because we will look for you and kill you before you sell. Hahahaa. Just kidding.

 

lol , open company cheap cheap only ma

ok selling my BTO now to fund it lol

[bluehulk]

gahment earns more money as coe goes higher. more profit for them

[victorp]

Seems like more and more ppl are bidding for their own COE..

 

From $1 -> $2 -> $52 -> $101... NICE!!

 

Don't use the COE from bike shop!! They can include the COE in the installment for you because they earn from the interest..

 

If we stop using their COE, they will stop bidding with those ridiculous amount..

[reize]

Seems like more and more ppl are bidding for their own COE..

 

From $1 -> $2 -> $52 -> $101... NICE!!

 

Don't use the COE from bike shop!! They can include the COE in the installment for you because they earn from the interest..

 

If we stop using their COE, they will stop bidding with those ridiculous amount..

 

I never tried before because i'm a "always buy second hand" guy. But can buy a bike first from a dealer, without COE, and later on register it yourself when you get the COE at a later date? Or must COE in hand then the dealer will give you the bike?

[kzone]

I never tried before because i'm a "always buy second hand" guy. But can buy a bike first from a dealer, without COE, and later on register it yourself when you get the COE at a later date? Or must COE in hand then the dealer will give you the bike?

 

U can either bid the COE 1st then buy a bike or book a bike at the dealer then bid. Either way, u can only register a bike when u have the COE. N u also have to check with the bike shop if they allow this, any "admin charges" etc. And some dealers can bid on your behalf at the amount u state.

 

Anyway, these $1 - $500 bids have always been there. Its the bid distribution that is more important. U can find it on LTA website.

[victorp]

U can either bid the COE 1st then buy a bike or book a bike at the dealer then bid. Either way, u can only register a bike when u have the COE. N u also have to check with the bike shop if they allow this, any "admin charges" etc. And some dealers can bid on your behalf at the amount u state.

 

Anyway, these $1 - $500 bids have always been there. Its the bid distribution that is more important. U can find it on LTA website.

Yap, those bids had always been there.. But you never get to see those amount showing normally.. Lol

 

If you had been following, you will most likely only see the jump from $1 to $6k:angry:

[kzone]

Yap, those bids had always been there.. But you never get to see those amount showing normally.. Lol

 

If you had been following, you will most likely only see the jump from $1 to $6k:angry:

 

ahh I see... I don't follow on the live bids that closely. Wat was the jump this time?

[kaiq]

These small amount bid can still be there, but in the end the dun get the COE right? After all, the final price is the minimum value of the highest reserve price group of that quota.

[kzone]

These small amount bid can still be there, but in the end the dun get the COE right? After all, the final price is the minimum value of the highest reserve price group of that quota.

 

True but it reflects the market sentiments. That's y I like to look at the bid distribution on LTA website.

[victorp]

True but it reflects the market sentiments. That's y I like to look at the bid distribution on LTA website.

 

I also frequently look at that after every bidding.. But that only reflects the distribution of successful bids.. Wish they could also show us those unsuccessful one and we would know how many ppl still pray and hope for $1 COE..

[kzone]

I also frequently look at that after every bidding.. But that only reflects the distribution of successful bids.. Wish they could also show us those unsuccessful one and we would know how many ppl still pray and hope for $1 COE..

 

but with open bidding, $1 will no longer happen. Once the leakage to Open CAT has stopped and the new ARF impact has stabilised, we can see whats the new COE level.. probably by July.

[kaiq]

I tot $1 COE can appear if no. of bid is less than quota? Very hard though.

[MR BIKER]

AIYAH , no need to write so much. until the day when we bikers dont rely on shop to bid for us, or garment only allow authentic bike buyers or we ALL unite not to buy new bikes for the next 1 year or we educate young , just passed new bikers that old 2 leg bikes still good(no need to buy brand new bikes) , then i think we have a chance $1 coe will come but discussion like this, where dealers / shop owners can see what we are discussing will put us a disadvantage

[kzone]

AIYAH , no need to write so much. until the day when we bikers dont rely on shop to bid for us, or garment only allow authentic bike buyers or we ALL unite not to buy new bikes for the next 1 year or we educate young , just passed new bikers that old 2 leg bikes still good(no need to buy brand new bikes) , then i think we have a chance $1 coe will come but discussion like this, where dealers / shop owners can see what we are discussing will put us a disadvantage

 

if COE really $1, I'll be very very scared. What kind of environment & economy do you think we will be for $1 COE to be a reality?

 

Another way is if other cost of ownership or taxes (ERP, road tax, parking etc) go up significantly.

 

Either way, I prefer not for $1 COE to happen.

[MR BIKER]

kzone, having a $1 coe doesnt mean anything in the environment or economy. it happend for many months years ago. maybe you were very young then , but i think the economy still the same as its now maybe more people.

the economy will surely be adaptable to the change just like now. to me its always cyclical.it goes up and then comes down. while it can and may go down to even $1 but if garment is pro business companies then average individua bike users may need not be able to see anymore $1 coe

[kaiq]

I know 2002, 03 got $1 COE, and I tot then was the economic depression period? 8 rounds of bidding with $1 COE... those were the days...

[kzone]

kzone, having a $1 coe doesnt mean anything in the environment or economy. it happend for many months years ago. maybe you were very young then , but i think the economy still the same as its now maybe more people.

the economy will surely be adaptable to the change just like now. to me its always cyclical.it goes up and then comes down. while it can and may go down to even $1 but if garment is pro business companies then average individua bike users may need not be able to see anymore $1 coe

 

I know 2002, 03 got $1 COE, and I tot then was the economic depression period? 8 rounds of bidding with $1 COE... those were the days...

 

I think that was during the close bidding system? Where there was no live update of the current highest bid, so u wont even know how many people and how much was bidded. Only after the bid close then u will know the result.

 

With the current open bidding system, if the amount remains at $1 till near closing, many dealers & individual will bid higher to get the "cheap" COE. In the end bid till no more cheap COE.

[xiaoviper]

http://www.straitstimes.com/singapore/transport/coes-finish-mixed-in-the-second-round-of-bidding-in-april-2017-cat-c-drops-to

"Up to the last 5 mins of the bidding, the premium stayed at $2."

[kzone]

http://www.straitstimes.com/singapore/transport/coes-finish-mixed-in-the-second-round-of-bidding-in-april-2017-cat-c-drops-to

"Up to the last 5 mins of the bidding, the premium stayed at $2."

 

So it happened exactly as wat I said.

 

With the current open bidding system, if the amount remains at $1 till near closing, many dealers & individual will bid higher to get the "cheap" COE. In the end bid till no more cheap COE.

[duo]

AIYAH , no need to write so much. until the day when we bikers dont rely on shop to bid for us, or garment only allow authentic bike buyers or we ALL unite not to buy new bikes for the next 1 year or we educate young , just passed new bikers that old 2 leg bikes still good(no need to buy brand new bikes) , then i think we have a chance $1 coe will come but discussion like this, where dealers / shop owners can see what we are discussing will put us a disadvantage

With new 2B bikes coming out that are aesthetically pleasing I doubt most newly minted riders will wanna get the old outdated looking 2nd leg bikes.

 

kzone, having a $1 coe doesnt mean anything in the environment or economy. it happend for many months years ago. maybe you were very young then , but i think the economy still the same as its now maybe more people.

the economy will surely be adaptable to the change just like now. to me its always cyclical.it goes up and then comes down. while it can and may go down to even $1 but if garment is pro business companies then average individual bike users may need not be able to see anymore $1 coe

Was that in the early 90s? Still not eligible to enrol for licence yet then. Still remember my cousin used to always borrow my dad's bike on the weekends coz back then insurance was for any rider. And eligible age to take licence was 16? And nonsense 3 tier licence system I believe. Had no interests in bikes back then. Did not ever thought would need a bike for transport either. Just a school kid who kept overhearing people around talking about this and that. Back when life was simple. Edited April 29, 2017 by duo

[victorp]

Guys, there are high unused COE for the recent 2 bids. There are limited information on how they handle these COE, anyone got info on these?

 

The only thing I got is that these unused COE will be rolled over to the next respective bidding exercise, i.e. 3 mth later. Any one care to verify this information? Thank you.

[victorp]

Guys, there are high unused COE for the recent 2 bids. There are limited information on how they handle these COE, anyone got info on these?

 

The only thing I got is that these unused COE will be rolled over to the next respective bidding exercise, i.e. 3 mth later. Any one care to verify this information? Thank you.

[kzone]

but with open bidding, $1 will no longer happen. Once the leakage to Open CAT has stopped and the new ARF impact has stabilised, we can see whats the new COE level.. probably by July.

 

So we have seen that COE stabilised at 6k level.

 

Guys, there are high unused COE for the recent 2 bids. There are limited information on how they handle these COE, anyone got info on these?

 

The only thing I got is that these unused COE will be rolled over to the next respective bidding exercise, i.e. 3 mth later. Any one care to verify this information? Thank you.

 

Yeah man. rarely there's so many unused COE. Yeah, these unused COE will be added to the next 3 mths COE cycle.

 

so looks like the COE decline will start again next cycle... slowly. This is how they avoided a crash.

[victorp]

Yeah man. rarely there's so many unused COE. Yeah, these unused COE will be added to the next 3 mths COE cycle.

 

so looks like the COE decline will start again next cycle... slowly. This is how they avoided a crash.

 

NO!!! This is how we can crash the market.. LOL

 

For example, there are a total of 474 COE in this bidding. We amass 475 riders and bid a fix amount, say $6k.

 

The COE QP will show as $6001 as there are not enough COE for the rider at $6k price point. The unused COE will then be 474, which will be rolled over.

 

After rolling for these 3 mth period, the price should plummet with near 1k COE quota in every bid for the next 3 mth period.

 

The price to pay for those 475 rider is only $2 each bid, total $12. Moreover, we can bid ridiculous pricing since there will always be someone bidding 40% above the QP based on the statistic data. Let him pay for $10k COE or at let him forfeit the $200 deposit since those ppl don't play by the rule.

 

*Let me daydream as there is no way I can coordinate such activity :cheeky:

[kzone]

NO!!! This is how we can crash the market.. LOL

 

For example, there are a total of 474 COE in this bidding. We amass 475 riders and bid a fix amount, say $6k.

 

The COE QP will show as $6001 as there are not enough COE for the rider at $6k price point. The unused COE will then be 474, which will be rolled over.

 

After rolling for these 3 mth period, the price should plummet with near 1k COE quota in every bid for the next 3 mth period.

 

The price to pay for those 475 rider is only $2 each bid, total $12. Moreover, we can bid ridiculous pricing since there will always be someone bidding 40% above the QP based on the statistic data. Let him pay for $10k COE or at let him forfeit the $200 deposit since those ppl don't play by the rule.

 

*Let me daydream as there is no way I can coordinate such activity :cheeky:

 

then the magic hand will enter 474 bids at $6001. The 475 ppl who want to buy a bike didn't get COE this round will then bid higher next round.. COE rises, more ppl bid higher n higher n COE rises to 8k once again. Then govt come in to help by introducing VES on bikes which obviously will impact bigger bikes more, reducing pressure on COE to reduce it to 7k. LOL