Sifu Balian, i pity you because you alone fighting so many AKA here (only 1 person pretending to be… u all fill in the blank). That’s why I strongly recommend Sifu Balian to rear at least one Arowana AKA Dragon Fish to ward off negative emotions from piercing your brain 🧠. How? U want or not to rear Red Arrow?
no worries Mike 🐀 claims my alleged aka ids all helping me ....
Mike 🐀 claims all these are my aka ids Xioaeh, sslee, leno, psai3alert, Income etc etc and some say Elvis Presley, Martians and Bermuda Triangle as well.
Sifu Income after the Red Arrow killed off people like EndOfTheCock or Mike 🐀, I will no longer have fun making fun of people with unrated IQ. Life will be very boring with all my BFFs all buried alive. 🤣
Ok. Ok.👌 Wow Sifu Balian is more resilient and witty as ever before. Then I am happy for you to handle all 🐀 AKAs.
Posted by Balian de Ibelin > Feb 17, 2024 12:59 PM | Report Abuse
Sifu Income after the Red Arrow killed off people like EndOfTheCock or Mike 🐀, I will no longer have fun making fun of people with unrated IQ. Life will be very boring with all my BFFs all buried alive. 🤣
For Non-Muslims Only. Matthew 5:11-16 New International Version 11 “Blessed are you when people insult you, persecute you and falsely say all kinds of evil against you because of me. 12 Rejoice and be glad, because great is your reward in heaven, for in the same way they persecuted the prophets who were before you.
You cannot kill anyone here, this is i3 forum. You need to have your mind checked.
Balian de Ibelin
13,200 posts
Posted by Balian de Ibelin > 6 minutes ago | Report Abuse
Sifu Income after the Red Arrow killed off people like EndOfTheCock or Mike 🐀, I will no longer have fun making fun of people with unrated IQ. Life will be very boring with all my BFFs all buried alive. 🤣
Posted by Balian de Ibelin > 1 minute ago | Report Abuse
Sifu Income.
For Non-Muslims Only. Matthew 5:11-16 New International Version 11 “Blessed are you when people insult you, persecute you and falsely say all kinds of evil against you because of me. 12 Rejoice and be glad, because great is your reward in heaven, for in the same way they persecuted the prophets who were before you.
Why is he still live in this country since he claimed it is a pariah country?
Mikecyc
42,564 posts
Posted by Mikecyc > 1 hour ago | Report Abuse
Haha Finally today Koni3lurkker aka Balian took the Correct medicine… replied he shorted HSI after weeks … just like he replied on his post : pariaaa country, pariaa ppl , pariaaa food after more than 2 years …. Hahaha
Sifu Income Sayonara Nothing to prove to Mike 🐀 SCIB share price has absolutely no correlation to making money. All Sifus will understand this. Only people who had never bought any share before wun understand. 🙄
On monday I will buy 1 lot aka 100 units of SCIB purely for Case Study purposes. when someone sees me buy 1 lot, he will go insanely mad and hospitalised for SOB and he will short SCIB down to 11 sen, then can all in at 11 sen. 🤣
Sifu Balian welcome to club case study buying 100 units of shares. Popular in i3 investor.
But Sifu Balian told me to dabble Rm3K minimum boh… ;-¥
Posted by Balian de Ibelin > Feb 17, 2024 5:06 PM | Report Abuse On monday I will buy 1 lot aka 100 units of SCIB purely for Case Study purposes. when someone sees me buy 1 lot, he will go insanely mad and hospitalised for SOB and he will short SCIB down to 11 sen, then can all in at 11 sen. 🤣
Sifu Balian, if we win big here, we both buy Red Arowana this year TARGET. Boleh! Red Arowana brings good luck. Sifu Balian, just ask Sslee Sir whether he can find Red Arowana for both of us because Red Arowana mostly comes from Indonesia. How? Sslee Sir can help to find Red Arowana in Indonesia???
Sifu Balian i3 lurker, Then you must convince your friend to buy Red Arowana for Rm180,000 for generating good luck to attract money for your friends. Just tell your friends, as Red Arowana grows bigger, the price will certainly increase exponentially. Can buy from me… ok???
Posted by Balian de Ibelin > Feb 17, 2024 6:22 PM | Report Abuse Thats wat I meant. 😁 3K is the EOQ, if you lost everything, its only 3K, a bottle of wine. Some of my friends 1 bottle of wine, 18K
Sifu Balian i3 lurker, Then you must convince your friend to buy Red Arowana for Rm180,000 for generating good luck to attract money for your friends. Just tell your friends, as Red Arowana grows bigger, the price will certainly increase exponentially. Can buy from me… ok???
Posted by Balian de Ibelin > Feb 17, 2024 6:22 PM | Report Abuse Thats wat I meant. 😁 3K is the EOQ, if you lost everything, its only 3K, a bottle of wine. Some of my friends 1 bottle of wine, 18K
Wow Sifu Balian is more resilient and witty as ever before. Then I am happy for you to handle all 🐀 AKAs. Still lots of AKAs here to shoot Sifu Balian….
For centuries, the Asian arowana was nothing more than a meal foraged from the blackwater rivers and swamps of Southeast Asia.
Aside from local markets in Malaysia, the fish wasn’t widely traded — and it certainly wasn’t desirable, or even recognizable, to most foreign aquarium enthusiasts.
Then, in 1975, everything changed.
As Southeast Asia’s wetland habitats declined, Asian arowana began to dwindle in number. CITES, a treaty that limits the trafficking of endangered wildlife, classified the Asian arowana as a threatened species.
The move was meant to ban commercial trade of the fish.
Sifu Income When you see a Tak Siuman by the roadside, you ignore them.
Online though, once a while, it is quite fun to pull their short 3 inch middle leg due to their Unrated IQ. The reason these 3 incher people post all these fiction stories is due to penis envy according to Freud.
=> Whatever fiction they post has no effect on my earnings. 😁 => I can confidently tell you on Monday I will make profit on SCIB. 😁
For centuries, the Asian arowana was nothing more than a meal foraged from the blackwater rivers and swamps of Southeast Asia.
Aside from local markets in Malaysia, the fish wasn’t widely traded — and it certainly wasn’t desirable, or even recognizable, to most foreign aquarium enthusiasts.
Then, in 1975, everything changed.
As Southeast Asia’s wetland habitats declined, Asian arowana began to dwindle in number. CITES, a treaty that limits the trafficking of endangered wildlife, classified the Asian arowana as a threatened species.
The move was meant to ban commercial trade of the fish.
But according to Emily Voigt, who spent nearly a decade tracking down the story of the Asian arowana for her book, The Dragon Behind the Glass, it ended up having exactly the opposite effect.
“That official stamp of rarity totally backfired,” she tells The Hustle. “And it actually turned the fish into this limited edition luxury good.”
An arowana bought by Indonesian President Susilo Bambang Yudhoyono at a price of 200m rupiah ($20k USD) swims during an exhibition in Jakarta in 2008. (ADEK BERRY/AFP/Getty Images)
Malaysian smugglers began sneaking Asian arowana into Taiwan. From there, the fish found its way to Japan, where it became a Veblen good among Yakuza gang members.
In a bid to dampen this illicit trade, CITIES allowed farmers in Southeast Asia to legally breed, harvest, and sell Asian arowana. The logic was that a flood of new fish would drive down prices and make them a less desirable commodity.
Over the ensuing decades, hundreds of arowana farms popped up throughout Indonesia and Malaysia and the fish all but disappeared from the wild.
Today, the Asian arowana’s largest market is in China.
Dubbed the “dragon fish” due to its shiny scales, long whiskers, and fierce disposition, the arowana has taken on a spiritual aura.
“It has become this mystical creature that supposedly protects you and helps you make good business decisions,”Voigt tells The Hustle. “It’s thought to bring wealth and prosperity. There are even accounts of arowana leaping out of their tanks to warn of a bad omen.”
Owners will go above and beyond to keep their fish aesthetically pleasing.
Dedicated “fish beauticians run profitable businesses performing plastic surgery on fish. In a bid to flaunt the most beautiful specimen, owners give their pets eye lifts ($90), chin jobs ($60), and tail alterations ($60).
Gong Hengliang, who has been a “fish beautician” for 4 years, performs cosmetic surgery on an Asian arowana fish in 2020 in Lanzhou, China. (Photo by Gao Zhan/China News Service via Getty Images)
This fanaticism has turned farm-bred Asian arowana (which are legal in most countries) into an estimated $200m/year global market.
The $300k fish In the mid-1980s, an Indonesian printing executive named Tris Tanoto quit his job and bought 12 Asian Arowana for $170.
With help from friends, he bought a small farm in East Jakarta, released the fish in a pond on the property, and, through trial and error, taught himself the art of breeding.
Today, Tanoto’s operation is one of at least 250 CITES-approved Asian arowana farms across Southeast Asia, the majority of which are centered in Indonesia and Malaysia.
His company, PT Munjul Prima Utama, is one of Indonesia’s largest exporters of Asian arowana — particularly, the “Super Red,” a bright crimson varietal that is highly desirable to Chinese buyers, who view the color red as a representation of vitality and good fortune.
Scenes from Tanoto’s farm in Indonesia. (Images via Toro Tanoto)
Each year, the company sells around 1k of its 7k stock of Asian arowana, netting ~$3m USD in annual revenue.
This works out to $3k per fish on average, but prices can vary tremendously based on a variety of factors:
Coloration: The fish can be found in red, green, gold, and silver variations. But a market has emerged for “designer-bred” colors like Red Tail Golden Splendor, Violet Fusion Super Red, and Blue Base Golden. Pedigree: Fish bred from earlier generations of wild-caught arowana tend to fetch higher prices. Fin size and head shape: Larger dorsal fins up the price. Tanoto sells 8 varieties of Asian arowana, ranging in price from $1.2k to $5.5k. Once, he says he sold a “flawless” Super Red to a buyer in China for $30k.
Extremely rare Asian arowana can fetch up to 10x that amount.
A breeder in Malaysia who specializes in albino Asian arowana, purportedly sold one of his stock to a high-ranking member of the Chinese Communist Party for $300k.
Some of these farms are so lucrative that they’re publicly traded corporations.
In her book, Voigt tells the story of Kenny Yap (AKA, “Kenny the Fish”), a 55-year-old ex-pig farmer who — when not taking nude photos with his fish — runs Singapore’s largest arowana farm.
Yap’s company, Qian Hu, distributes fish to 80 countries, has 5 global export hubs, and is listed on the Singapore Exchange. In 2019, the firm sold ~$30m worth of fish and spawned more than 7k Asian arowana. (You can take a peek at their annual report here.)
Kenny Yap takes dip with his arowana (Qian Hu)
This potential for big paydays makes the trade extremely competitive — and often dangerous — for farm owners like the Tanotos.
“Competition is fierce and very unhealthy,” Tris’ son and business partner, Toro, tells The Hustle via email. “There have been a lot of frauds using our company’s name, both locally and globally. They pretend to be us and send fake Arowana photos to global customers on social media.”
Voigt says it’s not uncommon to hear tales of arowana-related sabotage, theft, and even murder. She calls the fish “an agent of chaos.”
In 2004, a Malaysian shop owner was killed by thieves who were after his trove of 20+ Asian arowana. Armed robberies are frequent — and breeders often secure their lots with concrete walls, barbed wire, watch towers, and dogs.
Some farms also run elaborate international Ponzi schemes, selling the same fish to multiple clients around the globe.
The supply chain Rather than go directly to customers, many farms in Southeast Asia sell in bulk to dealers in other countries.
Among these dealers is David Carr, who runs Planet Arowana, a 100-tank specialty fish shop in London.
A visitor snaps a shot of the a prize-winning arowana at Singapore’s Aquarama, the largest trade show for exotic fish enthusiasts. (ROSLAN RAHMAN/AFP via Getty Images)
Carr, a 41-year-old ex-chef, first got into fish at 17. What began with guppies in a small glass bowl soon evolved into a school of African Cichlids in an 8-foot tank.
One day, he asked himself: “What is the most prestigious, most sought-after, most beautiful fish on the planet?”
“I learned about the Asian arowana and became obsessed,” he says. “There’s nothing else like it. It’s the majestic dragon.”
The Londoner moved to Malaysia, where he spent a year learning everything he could about the fish from local breeders. While there, he set up his own 55’x30’ pond with investors.
The process, he says, works like so:
The pond is filled with 20 arowana (6 males, 14 females). At around 3 years of age, the fish “get jiggy.” Each female produces between 10-80 eggs. Every 2-3 months, baby fish (called fingerlings) are harvested. The fish are shipped to the UK and sold at ~4-6 months of age for between $300 and $4k+ each.
In captivity, Asian arowana can live for 25+ years, making the recurring cycle appealing to investors.
“It can be very lucrative if you do it right,” Carr told us. “People who invest $50k-$100k in Asian arowana ponds definitely get their return back.”
Carr sells his arowana to buyers all over the world. In recent years, he says demand has expanded from Asia to the Western world.
“As soon as someone sees the Asian arowana, they fall in love,” he says. “When aquarists want one belter of a fish — the crème de la crème — they [trade] up and get one.”
A few Asian arowana color variations: Super Red, 24k Gold, and Platinum. (Collage, via photos from Getty Images)
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Income
12,507 posts
Posted by Income > 2024-02-17 12:43 | Report Abuse
Sifu Balian, i pity you because you alone fighting so many AKA here (only 1 person pretending to be… u all fill in the blank).
That’s why I strongly recommend Sifu Balian to rear at least one Arowana AKA Dragon Fish to ward off negative emotions from piercing your brain 🧠. How? U want or not to rear Red Arrow?