JAKS AGM will be next week on 20 Apr 2010 and base on last financial year record, JAKS had loss above 6 million. However after yesterday new by RHB said that the JAKS share value is about RM2.00 base on the project in hand. All the project talk about is not yet done so the company actually need investor money to build the project before any earning profit can be made.

This type of share is the share that we need to be careful to invest into. The company financial record is in red and the true number of loss may march more from what they review out. Now speculator is using the project news to speculate the share price to move up so if want to invest into this type of share you will need a lot of time to close monitor it. Remember that all the investment company in bank is the big fund to speculate share market, they also like us need good bonus by year end so they need to earn from retail investor pocket.