25-10-2011, 09:48 AM
(25-10-2011, 09:28 AM)kazukirai Wrote: On this point, and I think it's been debated here before, the capping of vehicle population growth might actually be a positive for Vehicle Testing.
Cap Growth > Higher COE > Older cars > More cars being required to go for testing since cars older than 3 yrs are required to go for testing.
Of course, the devil's in the details as to how much of a positive impact this is for Vicom.
As to when the growth nos. go negative, COEs have a life of 10 years, given the huge increase in vehicle population in recent years, that means that for vehicle growth to go negative, that may take quite some time to play out.
Hi Kazukirai,
Thanks for your inputs!
Let's wait for November 10, 2011 for VICOM's 3Q 2011 results.

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