This will be a short post, following my long analysis on Sandfire Resources last week. I have just added Associated British Foods (ABF) from the the FTSE 100 Component into my portfolio. This is the name behind the budget retailer Primark, the Twinings English tea and the famous Ovaltine drink. It is a conglomerate dealing with 5 main business segments: Sugar, agriculture, ingredient, grocery and retail. While I am aware that Brexit decision largely looms and ABF is exposed to its operations in Europe, shares are selling at a compelling price after my due diligence. Over the years, revenues and dividends are rising while debts are well managed. In any bear case, there are still dividends to collect and I can even add on my stakes. Like Unilever, IFF and Wilmar, it is a known consumer defensive. In the same week on Friday, I sold ST Engineering and took profit. ......