Rosy outlook in the Giardino.

THE share price of restaurant owner Giardino took a dip last week after one investor tried to sell more than 100,000 shares. Brokers managed to place 25,000 at 115p but withdrew the rest of the shares. That means there will be a short-term dip in the price while the overhang persists leaving investors an opportunity to buy into a well-managed but under-rated business.

Giardino operates cafe-style restaurants sited in shopping centres. It floated 18 months ago and although it has demonstrated its ability to grow it has not been reflected in the shares which are below the