RHPS has just mentioned the above in an e-mail, they have gone up 240% today - started at 0.60 and finished up at 1.65. Look to be quite interesting.

Sareum Holdings plc

("Sareum" or "the Company")

Final Results

Sareum Holdings plc (AIM: SAR), the specialist cancer drug discovery business,
is pleased to announce its final results for the year ended 30 June 2011.

Operational Highlights
* Significant progress on the two most advanced cancer programmes including
positive in-vivo efficacy data from Chk1 and Aurora+FLT3 programmes
* Nomination of preclinical development candidate for Chk1 in August 2011

Financial Highlights
* GBP950,000 (before expenses) raised by way of three share placings
* Cash at bank and in hand of GBP871,000; sufficient cash resources for
foreseeable future, based on current spending levels
* Loss on ordinary activities (after taxation) GBP568,000 (2010: GBP569,000 loss)
in line with expectations

Tim Mitchell, Chief Executive Officer of the Company, said: "The announcement of
two successful in-vivo efficacy studies, and the selection of a preclinical
development candidate, bring Sareum closer to the commercialisation of drug
candidates from our in-house development pipeline. We are currently actively
seeking to license these programmes in order to allow us to drive forward other
programmes that have been generated from our SKIL platform.

The placings during the course of the year, which raised a total of GBP950,000,
have provided us with sufficient working capital for the foreseeable future to
continue the current level of development of our in-house programmes."

Thanks SkinnyThere are four statements by SAR that convince me this investment is sound :-

Significant progress on the two most advanced cancer programmes including positive in-vivo efficacy data from Chk1 and Aurora+FLT3

Sufficient cash resources for foreseeable future

Two successful in-vivo efficacy studies, and the selection of a preclinical
development candidate

We are now actively engaged in talks over potential licensing and co-development agreements with interested parties.

With the present state of market confidenceI would suggest this a great stock pick!

well no bad news really but only problem with pharmas is they can take an age to get anywhere due to the nature of their business - looks good for the future perhaps

Good news from Sar, hopefully more to come... Certainly seems like it!

On the move up again.
News coming??

Have not posted on MoneyAm for ages. This is the first share I have bought to hold in 10 years. Have been buying SAR since May 2011.

Anyone else currently in SAR?

@Howard0181 yes there certainly was a lot of movement around that time.

Shareprice has been very quiet, needs another RNS to liven it up I think..

Good luck Howard!

Rns out tomorrow, expecting good things for SAR!

Can't wait. Are you still around Tabasco? If so hope you are well.

Research Update.

Half Yearly Report.

Financial highlights

The Company has traded in line with the Board's expectations

Loss on ordinary activities (after taxation) of £327,000 (2010: Loss of £258,000)

Cash at bank at period end was £530,000 (2010: £621,000)

Operational highlights

Programme research and commercialisation making good progress

Pre-clinical development candidate nominated in Chk1 programme

Chk1 programme presented at major international cancer conferences

3m your post 192
if price rallies from here he will probly still be around .if not, he probly wont.at least not in that guise.
good luck to you.
regards
jkd

Good luck to you to jkd whomever you are.

Well, well then, up 0.95 on todays news - it was flying before the news came out so how come everyone knows before we do as to what is happening??? A vicious circle. However looks like if they get a partner it may do well.

Clear as mud :- Drug Discovery – Cancer & Auto-Immune Disease Drug Programmes

It has taken a long time to find a partner, they started looking in March last year, they are either very picky or what they have is not too tempting. Perhaps they are simply asking for too much in return. Time will tell, let's hope it is a short time not another 17 months!

SAR having a good day today, recouped y'days' profit takers. only need it to reach 2.14p to break even!!

Just over 3p for me I am afraid, at least it is on the move.

some life here.