Tuesday, January 8, 2013

Feng Shui Master: Najib better than Anwar in Year of Snake


Feng Shui Master: Najib better than Anwar in Year of Snake
Politics & Government 2013
Written by Ho Wah Foon of theedgemalaysia.com
Tuesday, 08 January 2013 11:22

KUALA LUMPUR (Jan 8): Feng shui for Prime Minister Datuk Seri Najib Razak will be better than Opposition leader Datuk Seri Anwar Ibrahim in the lunar Year of the Water Snake.

A corporate gathering of 400 investors organised by CIMB yesterday was told that “based their dates of birth, Najib’s prospects are better than that of Anwar this year”.

Well-known Chinese geomancy master Joey Yap made this observation in his talk on Feng Shui outlook to the investors, although he did not predict who will win in the coming general election that must be held in the first half of this year.

But he said business outlook for Malaysia should be good in the year of the water snake, which starts from Feb 4, 2013.

“He believes that the year of the water snake will be a good year for Malaysia, in general, based on the calculation of Malaysia's birth date or independence in Aug 1957,” said CIMB in its report on today’s Corporate Day.

According to Yap, sectors that will do well are those linked with wood, fire and water. And these include education and healthcare; oil & gas, plantations, technology sectors; consumer products, transportation, courier, gaming, resorts and entertainment.

The two elements that will not do so well in the water snake year are those linked to earth and metal.

These include the property sector; insurance, legal, judicial, engineering and architecture sectors.
At the gathering, another speaker, Tunku Zain Al-Abidin Muhriz, founding president of IDEAS (Institute for Democracy and Economic Affairs), held the view that the ruling Barisan Nasional should win the elections, but with a narrower margin than the 2008 election.

He thinks 5-6 states could fall to the Opposition, including the five (Selangor, Penang, Perak, Kedah and Kelantan) that were lost in 2008 as well as an additional state.

As there are three million new voters, campaigning will be crucial for both coalitions in winning over their hearts.

“He believes that both Barisan Nasional and the Opposition should have equal momentum during the campaigning period and that Barisan Nasional's strength from the main stream media will be offset by the Opposition's dominance in the new media space,” said CIMB’s report.

CIMB’s Corporate Day was attended by over 400 investors from nearly 100 investment firms. Fifteen companies and five guest speakers participated in the one-day event.

In its conclusion, CIMB said: “Our view remains unchanged that 1H will be volatile as the general election must be held by June at the latest, while the 2H outlook is more promising.

“We maintain our Neutral weighting on Malaysia and keep our end-2013 KLCI target at 1,670 points. Our preferred sectors in the 1H include brewery, REITs and utilities.”