Value in buying Amaysin..

Its is a stock showing enormous potential.

Amaysim’s share price fell almost 40% after it announced its interim results in February. While the results themselves were fine, the market was spooked by dramatically slower subscriber growth; the business added 185,000 customers in 2014 but just 85,000 last year. If customer growth were to halt, so would the march of profits.

However, since last year, Amaysim has triggered a wholesale price review and lowered prices. Its retail plans, which were outdated and expensive, are once again competitive and recent trading conditions have been strong according to management. The ability to trigger price reviews means margins should remain stable although there will be lags. At the current share price plunge is an opportunity rather than a red flag.