8th Jule COE Bidding Results

[g8crasher]

Results for JULY 2009 (8th July 1700)

1st Open Bidding Exercise

Slight increase from previous excercise...

Cat A $ 14,310

Cat B $ 16,801

Cat C $ 16,888

Cat D $ 900

Cat E $ 17,501

[Guest 9339]

Is getting close to 20......very soon.

Let's me guess .......

Maybe no need to bid for COE in future.....

Just pay a premium of $2X,XXX for cat A , $3X,XXX for cat B / Open will do.

[g8crasher]

I hear alot of dealer tio snook. Keep predicting after June, COE will come down due to backlog of orders but this doesn't seem to be the case. After plummeting to 3k, now kee siao. I'm pretty sure it will touch 20k minimum in the coming exercises.

[Guest 9339]

Hear / Say the association are talking to the Authorities about fixing a amount for each 'cat' instead of bidding.....