COE Prediction - October 2008 2nd Bidding Exercise
The stock market crashes over the last two weeks have made headline news. With the current sentiment so gloomy, I do not expect many new orders for the dealers. I have seen today's Nissan advertisement offering the Latio at less than $50,000. Now, that is a clear sign of dampened demand and fear of the recession impact.
Prediction on October 17: Category A: $10,000-11,000 Category B: $11,000-12,000
Verdict on October 22: Category A: $10,989 Category B: $7,589