Morningstar Analyst On Canada Pension Plan Weighing Bid For Talisman: 'Not A Natural Fit'


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Speaking to Benzinga about rumors that Canada Pension Plan is weighing a bid for Talisman Energy Inc. (NYSE: TLM), Morningstar Analyst David Meats said that it doesn’t look like a natural fit for CPP.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

He explained that Talisman has a joint venture Sinopec Shanghai Petrochemical Co. (NYSE: SHI), and he’s not sure how impressed Sinopec would be to partner with CPP.

“That company values not just the share in assets, but also the partnership with Talisman from a knowledge-transfer point-of-view,” he said.

Posted In: NewsM&AExclusivesAnalyst RatingsCanada Pension PlanDavid MeatsmorningstarOilpetroleumSinopectalisman energy