Higher highs. Higher bottoms = uptrend confirmed
Broke resistance to new highs
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(30-04-2023, 11:32 PM)Instinct Wrote: Govt should remove the private hire car out of the bid like what they did to taxi many years ago. If they do, COE will drop by 1/3 to $60-$70. But Govt is just dragging their feet.
(01-05-2023, 01:25 PM)[[ForeverAlone]] Wrote:
All along Govt is using COE to discourage Car ownership in SG.
Don't say I always complain Govt , anti Govt. Some of their policy actually I also agreed.
Just like this COE , owning a car in SG.
Imaging Cars so cheap to own in SG , than how? SG so small and compact. The public road will be like a massive carpark, car , motorcycle on the road can't move much.
This is why COE , ERP come in to control.
Now COE up so high also due to " rental car companies " Yes Grab , PHV and others
they need cars to rent out to people wanna work as PHV or for car renting.
Recently news got interview few car rental companies. They claim business not bad , as a lot want to rent car partly due to High COE they can't afford to own , buy a new car.
Even car workshop also business not bad as present car owners want to do a well maintenance of their car to last as they give up buying a new car currently since COE so high, will monitor the COE price see how it go.
Recently Public transport committee hint will increase fare.
One thing for sure , as surely there will be some car owners give up driving forever and plan to take public transport.
See how smart PAP is sometimes. One side control, another side earn.
(30-04-2023, 11:05 PM)sgbuffett Wrote: You wish this was your stock investment ....
Higher highs. Higher bottoms = uptrend confirmed
Broke resistance to new highs
(01-05-2023, 02:25 PM)Rubitin Wrote: You bended the rod. One thing for sure , as surely there will be some car owners give up driving forever and plan to take public transport.