The immediate reason for going LOLC down is its earning quality and downgrading debt rating based on double leverage.
Can any of you explain how name change to Holding address above issues? Isn't it the same LOLC?
Further it is no more a Finance company. A jack of all trades.
Investors attracted to its finance business which will be shifted to LOFC. Once LOFC listed people may forget LOLC. This may explain why we saw large sell orders for LOLC in last couples of days (an information leakage?)?
In addition to that widely diversified companies are subjected to a "Conglomeration discount" in calculating its fair-value.