PWEI

[saffeysite1]

PW Eagle, Inc. engages in the manufacture and distribution of polyvinyl chloride (PVC) pipe and fittings, and polyethylene (PE) pipe and tubing products primarily in the United States. The company offers PVC pipe and fittings under the name PW Eagle.

Crossed the 50 ema. 
Keep on the radar.

[lalitha0]

PWEI broke out on Friday with record volume to 52 wk high on great earnings report.

http://biz.yahoo.com/ap/051104/earns_pw_eagle.html?.v=2

Lalitha

[setravis]

Active in the pre-market...
+28.26%...........Volume @ 84,105

[setravis]

Yesterday's News...........


Press Release Source: PW Eagle, Inc.


PW Eagle Updates Outlook for Fourth Quarter 2005
Thursday November 10, 5:36 pm ET


EUGENE, Ore.--(BUSINESS WIRE)--Nov. 10, 2005--PW Eagle, Inc. (Nasdaq:PWEI - News) today updated its financial performance outlook for the fourth quarter of 2005. Demand for the Company's products has remained strong and margins in the fourth quarter have continued to trend very well. The Company historically has not provided earnings guidance, but due to the current unusual conditions, has chosen to expand its limited guidance for the fourth quarter of 2005. The Company currently believes that it will have earnings before interest, taxes, depreciation and amortization ("EBITDA") for the fourth quarter of at least $55 million. This would result in expected EBITDA for the entire year of at least $91 million, which includes approximately $22 million expected from the sale of USPoly's interest in W.L. Plastics. PW Eagle also currently believes that its earnings per share for the fourth quarter will be at least $2.10 per fully diluted share and for the full year of 2005 of at least $3.00 per fully diluted share. The fourth quarter results include expected earnings of approximately $1.15 per fully diluted share attributable to the gain from the sale of USPoly's interest in W.L. Plastics.


Jerry Dukes, Chief Executive Officer of PW Eagle, said, "The industry is in a very favorable phase of the economic cycle, high demand for pipe and tight supplies of both resin and pipe have permitted us to continue to expand our margins into the fourth quarter. While we cannot predict how long these conditions will continue, we expect this situation to exist at least through the end of the year."

PW Eagle did not provide any outlook on its financial performance for 2006. Generally, the Company and the plastic pipe industry as a whole perform well when housing starts, construction activity and GDP growth are strong.

PW Eagle, Inc. is a leading extruder of PVC pipe products and its wholly owned subsidiary, USPoly Company, LLC, is a leading manufacturer of PE pipe and fittings. Together they operate fourteen manufacturing facilities across the United States. PW Eagle's common stock is traded on the Nasdaq Market under the symbol "PWEI".

EBITDA is not intended to be an alternative to the financial results under generally acceptable accounting principles in the United States of America. The Company believes that EBITDA is a commonly used measure of financial performance by its lenders and the investment community and allows for a more complete analysis of the Company's results of operations.

[VikingFan]

Nice breakout on good volume today after consolidating for a couple of weeks.

[VikingFan]

PWEI raised guidance again to "at least" $3.60 for Q4 and $4.50 for the year, including a one-time $1.15 gain.  Previous upped guidance was for $2.10 and $3.00, respectively.

These staggering #'s have the stock up another $4 after hours to the $22's, and could justify a much higher price.  Even at $23, that works out to a PE under 7 after backing out the one-time gain.  All-time high from 5 years ago is $22.125, so sort of a breakout above there.  PE of 10 would put PWEI at $33.50+.

[eliteG]

Great a thread with previous info on this great stock.. PWEI looks to be in play again!

Nice rectangular triple bottom breakout with great volume on its right side.

[lalitha0]

EliteG,

This is a great pick! On second I am starting a small position.
Will add more on dips if there are any!

Lalitha

[eliteG]

What I noticed according to yahoo:
http://finance.yahoo.com/q?s=PWEI

float:            7.29 million (small amount.. can move quickly and dramatically)
outstanding:  9.80 million

insiders hold 20% (like to see insiders invested)

and the balance, Cashflow, Income sheets look positive and growing to me.. but I'm not a big fundamental guy.. hmm maybe we can get Michael here 

[eliteG]

holy crap.. out of nowhere it just dropped like a ston  >:(e.. but its fighting back

[usedcasting]

Attempting that breakout again.
Great value in this one.

uc.

[usedcasting]

Touched $30 today. 

[usedcasting]

For the record, I say next week $30 is behind us.
OMHO

uc.

[usedcasting]

BROKE THAT $30 YESTERDAY, CURRENTLY AT $30.95

Earnings - May 3rd
PE- 6.63
PEG - 1.03

UC.

[Tirebldr]

Big 45-90k buys coming in on PWEI today. Maybe preparing for another big move