Unlike other traditional analysts in the stock market, who made 2008 all way wrong, predictions and methods of the masters for balance sheet and ratios on stock market are more serious and mysterious.
“I can’t really explain it to you, but I can show it to you. It’s based on calculating and psychology,” says Jason Chng.
Geomancy masters Mr. Chng believes in feng shui art by which universe is consisted of five elements and fortunes could be predicted through manipulating the environments with the use of certain techniques.
The amazing thing about feng shui for stock market is that, it has provided more specific predictions than those research houses with their composite mathematical equations. “Feb 4, there will be some climbing back. It’s a fire month, fire will support the shares,” Mr. Chng says.
World of Fortune Senior Consultant Sean Lui says, “there will be a major event to spark the local market in Q3”.
“There will be a sudden jump, it’s a very exciting quarter based on past history.” He also advices clients to expect on “any Earth-related stock: chemicals, petroleum, property”, since 2009 is an “earth” year.
For same reason, shipping and stocks that are marine-related are bad news as these are opposite linked to “fire element”, he added.
Mister Chng agrees, “Property stocks are very good this year but property prices will be terrible”. He also favours CapitaLand as one of the listed real estate players. “It’s a good buy, I just saw today (Friday) it fell a lot, so it’s good to buy now. Ship building is no good.”
Feng shui consultant Ang Kian Cheong also says that autumn recovery is more possible. Summer and spring will be likely flat for finance market but agricultural stocks are favoured during this time. “Wood” related companies will become interesting.
Wood companies are those engage in services as well as those that deal with transport and paper. Last Friday, SMRT Corp announced its net profit to increase 7.6 percent to $41.2 million during its Q3 to 31 December.
“Metal” firms are not bad either in 2009, Mr. Ang claims. This means that electronics, cars and aeroplanes will become a good music for Creative Tech who just announced their largest quarterly loss for 11 quarters.
“2010 will be a very volatile year for the whole world economy,” Mr. Lui added. “Plenty of people will in one night move from success to bankruptcy.” Meanwhile, he also predicts that a “big storm” is coming up in Singapore politics this year.
Mister Ang says that China will plunge by around mid-year. “In the summer, their economy will start moving backwards, and that will affect Asean.”
Additionally, “Thailand will see a very big crisis; America is very bad now, but should recover in early 2010, and Mr. Obama is going to be a great president”, Mr. Ang noted.