Government will cut COE quota and or suspending COE bidding to prob up COE price

[Boonsiong]

As per above

 

[True Believer]

The PAP wants to collect $1 billion every month for doing nothing

 

[True Believer]

The PAP wants to laugh all the way to the bank every month.

 

[mojito]

Told my class mates coe is a VAT with an other VAT on top no body be lives. What free market my foot.

 

[bobby]

They titled it “Certicate of Entitlement”…entitlement to gahmen but money from you

 

[knowwhatyouwantinlife]

Everyone can do their part by not going out that often, cooking and eating at home, and of course not patronising those malls

 

[Ng Cheh Hwang]

BYD reduced their bidding significantly in the last round.

 

[Gutted]

BYD reduced their bidding significantly in the last round.

They have achieved their market share?

 

[A Singaporean]

This is our journey to having a Swiss standard of living. Accept it and shut the fuck up.

 

[Ng Cheh Hwang]

They have achieved their market share?

In a typical month, 15-25% of the cars sold are from BYD.

If there is only a single distributor, such moves are likely because the distributor stocked up enough COE from earlier bids or open-cat COEs.

However, BYD has a few dealers.

It appeared to be an coordinated action by BYD dealers to bring COE price down. Doing so, they can either price their year-end cars competitively or trick competitors to bring down their guaranteed-coe prices (and lose money when COE rebounds strongly)

If this hypothesis is true, then the latest guaranteed-coe car prices will not drop more $12,000 and $16,000 for CAT & B respectively.

 

[ftan42]

but one sector will defy the supply and demand dynamics:
A significant number of retrenchments leads to fewer employees, which should ideally result in higher salaries. However, salaries remain stagnant or, worse, may even decrease.

 

[Gutted]

In a typical month, 15-25% of the cars sold are from BYD.

If there is only a single distributor, such moves are likely because the distributor stocked up enough COE from earlier bids or open-cat COEs.

However, BYD has a few dealers.

It appeared to be an coordinated action by BYD dealers to bring COE price down. Doing so, they can either price their year-end cars competitively or trick competitors to bring down their guaranteed-coe prices (and lose money when COE rebounds strongly)

If this hypothesis is true, then the latest guaranteed-coe car prices will not drop more $12,000 and $16,000 for CAT & B respectively.

PAP allies all these manipulative practices?

 

[Ng Cheh Hwang]

PAP allies all these manipulative practices?

it is just a rumour from the industry.

 

[VanDick]

The PAP wants to collect $1 billion every month for doing nothing

View attachment 231889

This is called legalized profiteering.

 

[True Believer]

This is called legalized profiteering.

There is also legalised corruption where the govt decides how much to pay themselves instead of having to steal taxpayers' money.

 

[True Believer]

This is our journey to having a Swiss standard of living. Accept it and shut the fuck up.

S'poreans have been "enjoying" the Swiss cost of living for a very long time.

 

[Leckmichamarsch]

we need lost of money to re build gaza

 

[True Believer]

Everyone can do their part by not going out that often, cooking and eating at home, and of course not patronising those malls

These days, everything from food, movies, shopping, groceries, banking, work, teleconsultations with doctors and many forms of entertainment may be done online. We do not really need to leave home except for certain errands.