IMHO generally Ornamental Fish is more lucrative based on the market now as the demand is good but the con is ornamental fishes die faster than those fish for consumption as they are more delicate and requires more resources.
but on the long term, fish for breeding is more sustainable

QUOTE(happy_gal @ Jan 9 2011, 10:30 PM)
jz wanna know.. what is the market right now comparing between rear fish for consumption ... and BREED ornamental fish??...
which 1 brings in faster income and also higher profit?...
and to compare, which 1 takes less time to get the end result??
pls advice.. thanks..
Bro Michael, thanks for meeting me up and educating me so much on plantations...appreciate it very much

i agree with your answer to happy_gal. aquaculture is a long term business. it takes time to stabilise and grow the business. short term will actually hurt you. think medium and long term.
cashflow is important for aquaculture business. dont take this lightly.
QUOTE(Michael J. @ Jan 12 2011, 02:06 PM)
Hey Rexis, Para. Long time no see lar.. How are you guys? I trust your agribusinesses have soared.
Just to update you guys, I'm no longer working as a plant scientist for the plantation business. Instead, I've hung up my labcoat and I'm now working for the government to further develop the biotech industry.
Maybe I could answer happy_gal on the question asked:
Don't take this the wrong way, but I see that your aptitude for business is still green. Any business will take time to mature, and of all businesses, agriculture takes the longest. Compare apple to apple lar... Not those who cheat people to part with their money sort...
Para, correct me if I'm wrong on this. The average ROI for an established ornamental/commercial fish farm is between 15% to 25%; exceptional ones can and do make above 30%, but that's only when demand for specific fish breeds are high, like grouper or snapper. In terms of time to get end result, well that really depends; poorly planned and executed, business can fold within a month or less, but I don't think that's the result you are looking for. Adequately planned, it can take 2-3 years before the business gets sure footing, and begins generating real profits.
Correct me if I'm wrong, happy_gal, but I'm guessing when you refer to ornamental fish, you are refering to breeding arowanas, right? A real hot item these days, but entirely unsustainable. Don't get me wrong, I'm all about breeding and conserving the fish; I just can't justify 250,000 fishes selling at an average of RM3,000 (or RM750million sales) a year having a sustainable pool of buyers. I just hope that the arowana does not end up like the Flowerhorn.
Added on January 16, 2011, 10:58 pmhi apenfx,
good that you are interested in Agri & Aquaculture.
guide ?
1) get the fries. the amount you want. 1000 ?
2) ensure you have enough areator to make sure enough oxygen **IMPORTANT**
3) calculate how much fish feed you need per serving to the fish.
4) you must know your Feed Conversion Ratio (FCR). How much feed is needed for the fish to gain weight.
5) (this is personal) i am dealing in Fish Feed Supplement. Interested you can PM me. TQ
The remaining land you can plant something as cash crop.
QUOTE(apengfx- @ Jan 12 2011, 03:05 PM)
hi.
i'm an IT student in one of local university. this is my last semester of my study.
after finish my degree, i want to go into agriculture and aquaculture.
my plan is to do aquaculture first because my family already have a pond at my hometown. im from sarawak.
for the start, i want to start with raising tilapia fish.
really need a guide on how to start. what should i do first?
this is the layout of the land in sarawak. the land is 5 ekar. the one i mark with red is the pond.
the size of the pond is around 25000 sq feet.
last year we already try to put 1000 tilapia to test. and after 6 month, the average of the fish is 750g ~ 1kg.
please advice.
This post has been edited by ParaOpticaL: Jan 16 2011, 10:58 PM