A cellphone collector a.k.a. snatcher steals a drug dealer's phone and the delivery that eventually leads into a confrontation with the syndicate's angry boss who wants his money.

Parang Pelikula explores the lives of Pilo and Justin, who were best friends during childhood, growing up in a middle class suburb in the early ‘90s. They go their separate ways when Pilo leaves the neighborhood. Fifteen years later, Pilo returns and attends the wake of his childhood playmate.