Projected IRR 21%
WOLF changed their name from Cree. They always have been BIG promoters with absolutely horrible execution. Now SIC years ago was LED etc. etc.
They never made any money
2020 2019 2018
Operating Income (160.2) (164.2) (209.3) (189.7) (61.9) 2.6
Will they be able to execute now? The start doesn't look promising. Already missing numbers and overpromising.
Chasing hot new ideas or products hasn't been smart investing EVEN in tech
ON semiconductor is my choice. Less risky