Parallel Energy Trust T.PLT.DB

RE:Thoughts on Parallel's Jan 2015 presentation...

[leo101]

bill_29 wrote: All -

I've had a chance to review Parallel's January 2015 presentation, and I must say that I'm quite disappointed.

The issue isn't the individual figures and facts as these are generally well known and are already boiled into the unit price. What disappoints me is the tepid messaging and lack of direction presented in the material. Fully the first half of the material is a straight regurgitation of Parallel's executive team credentials, company goals, objectives, assets, etc. that we have all seen time and again in their releases and financials. This is simply data. What unitholders and prospective buyers really want to know are things like:

• "How did Parallel prepare for and anticipate the current fall in oil prices?"
• "What is the strategy for Parallel once prices start to rise again?"
• "How did Parallel cut G&A costs and how did this affect the bottom line?"
• "How is Parallel intending to reduce operating costs and how will this affect the bottom line?"
• "How is Parallel addressing its future debt obligations?"
• "How is Parallel maintaining the unit price?"
• etc.

and ultimately -

• "Why should I invest (or hold) onto Parallel shares instead of buying somone else's shares (or selling)?"

Sure - the low decline rate and high reserve ratios are interesting reading, and it's great to see that management has 25 years of experience, but the real question on everyone's minds is how is management addressing this situation today? 

This is the message we're looking for folks, but darn if we're seeing it here.

Bill

i think these are all questions investors should be asking themselves.  what did you do in anticiaption of lower prices?  did you sell or lighten up?  i hope you're not crazy enough to have been buying all the way down.