29.3c forseen eps in 2014

Hi all,

There are some other things need to be highlighted in ARI.
Previous ARI was only a Steel Manufacturer.
Now with the Iron Ore Mining somethings new is comming into the ARI business with many years to come.

Lets highlight also this deal maybe for the first time here in the forum and the importance for ARI:

Best Bar / Nat Steel (pat of the Tata Steel Group) is to become distributor of Arrium reinforced steel in Qld, NSW, VIC and SA from August 2012.

Australia is or was importing 250.000 t of steel a year.
Now with this deal for ARI this means that 150.000 t will be less imported into Australia and locally made from ARI for NAT Steel.
This give more an additional boost for more in Steelmanufacturing in ARI.
The ARI business in growing.

Ari has for 2013 16c eps and 7.9c in dividend and for

2014 29.3c eps and 12c dividend.

So, what was the difference for ARI some years ago, when sp. was $6-$7 ???

Fact is now: ARI has wide more businees activity and current sp. is totally undervalued.