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CBS Equity Trade Ideas

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This table gives an idea of how the stock trade ideas portfolio is fairing as of 8 January 2010

Company	Code	Date	Price	Current	Profit	% Profit
CSG Limited	CSV	06/01/2010	$2.17	$2.18	$0.01	0%
Kingsgate Consolidated	KCN	15/12/2009	$8.82	$9.71	$0.89	10%
Infigen Energy	IFN	23/11/2009	$1.37	$1.46	$0.09	7%
Sirtex Medical	SRX	17/11/2009	$6.66	$7.95	$1.29	19%
Credit Corp Group Limited	CCP	12/11/2009	$2.66	$2.70	$0.04	2%
Centamin Egypt	CNT	02/11/2009	$2.19	$2.40	$0.21	10%

CSG Limited

CSG Limited (CSV) evolved from a business started in Darwin in 1988 as a Xerox Business Centre. The company was listed on the ASX in 2007 and now has a national foot print and end to end capability to design, implement and deliver integrated technology solutions. CSG Ltd has fast become a leading player in the information, communications, and technology (ICT) marketplace.

The Head office is still in Darwin where the business began and the management team headed by founder and major shareholder Mr Denis Mackenzie has a strong record building sustainable consistent business and managing growth. Analysis shows CSV is worth $3.92 and further analysis of the direction, magnitude and dynamics of price movement show excellent potential. A stop loss is suggested at $1.83.

CSG Limited Daily

Kingsgate Consolidated Limited

Kingsgate Consolidated Limited (KCN) is an explorer, developer, and miner of gold deposits primarily in the Asia Pacific and South America. The company principally owns and operates the Chatree gold and silver prospect located north of Bangkok. It also explores in Australia, Chile, Peru, and Argentina. KCN is based in Sydney and listed on the ASX.

With the recent pull back in gold prices many gold stocks have come under pressure and KCN is no exception (see the chart below) so this may present a good opportunity to buy this quality miner with excellent growth prospects (past growth was 136% per year) and is one of the lowest cost operators. Our analysis has a valuation of $16.93! The downside is that gold prices fall further and regardless of the quality of this stock it may come under further pressure in the rush for the exit so for this reason a tight stop loss of $8.49 is proposed.

Kingsgate Consolidated Limited Daily

Infigen Energy

Infigen Energy (IFN) formerly Babcock & Brown Wind Partners is a wind farm operator which owns and operates wind farms in Australia (where it is the largest generator with 508 MW), the United States, Germany and France. IFN's business comprises interests in 41 wind farms that have a total installed capacity of approximately 2,246 megawatts (MW) and are diversified by wind resource, currency exposure, equipment supplier, off-take arrangements, and regulatory regime. Locally IFN looks to be well positioned to benefit from government regulations mandating greater renewable power generation. The dividend history is reasonably consistent and our analysis values IFN at $1.62 per share.

For this trade look to buy here with a stop loss under $1.28.

Infigen Energy Daily

Sirtex Medical Limited

Sirtex Medical Limited (SRX) is a biotechnology company that engages in R & D and commercialization of drugs that treat liver cancer. It's principal product uses novel small particle technology SIR-Spheres which offer selective internal radiation via yttrium 90 radioactive micro spheres that deliver targeted internal irradiation therapy directly to the tumor. Operating in Asia-Pacific, North America, and Europe, the company is based in Lane Cove, NSW and has a market cap of $345 million. This company ranks very highly on a combination of Value, Risk and Timing metrics. Clearly SRX has had an incredible run of late however the saying "buy the things that are already doing the things you want them to do" may apply nicely to the case of SRX.

Consider a stop loss around $5.30 and profit target around $7.95.

Sirtex Medical Limited

Centamin Egypt

Centamin Egypt (CNT) is a gold exploration company that has been exploring for gold in Egypt since 1995, in 2005 it was granted a 160 square kilometre exploitation lease over the massive Sukari Hill area. The current resource at Sukari is 9.91 million ounces measured and indicated, and 3.3 million ounces inferred, with ongoing drilling expected to add significantly to this resource. A feasibility study to upgrade the project to a 4-5 million tonne per year operation was completed in February 2007. Construction is well underway and commercial production is expected in the coming months.

We have seen multiple technical buy signals for this stock, consider a stop loss at $1.94.

Centamin Egypt Daily

Mount Gibson Iron

Mount Gibson Iron (MGX) is a leading independent Australian iron ore producer, MGX is well-established in the bulk commodities sector. Tallering Peak is operating at itâ€™s targeted hematite production rate of 3 million tonnes per annum (Mtpa), the Koolan Island hematite mining operation ramping up from 3Mtpa towards its targeted production rate of 4Mtpa by June 2010. MGX is well positioned to take advantage of strong iron ore prices. Annual production of 3Mtpa at Extension Hill will lift total Mount Gibson production to 10Mtpa in 2010.

Analysis of value based on earnings, earnings growth rate and profitability increase suggest a value of $1.82 per share compared to its current price of $1.58 per share. Good Luck!