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SAR Sareum Drug Discovery Co.

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ant15 - Fri, 30 Dec 05 :

GNR All companies have their ups and downs.This company suffered in its early days to market from the share dealings of an idiot now departed at a well known city mm. Their underlying technology is good and they have in their own words performed ahead of budget.The last few months have seen the share price recover dramatically.Having invested not long after it came to the market and having averaged down over the last 12 months I now find myself in a slight profit situation.I have researched this company until I am blue in the face There are very few comparisons and those that one can find seem to be valued far higher.I am reliably informed that the demand for this type of service element is likely to increase dramatically over the next few years, this being the case I have no reason to suspect that the underlying drug development programme they have alluded to will not bear fruit as much of the associated costs are provided for by their service revenue streams.DYOR and post here. I will not urge you take a "punt" as I am sure the stock does not need day traders but those that will hold and profit from the longer term performance.


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