Gamuda’s RM50bil order-book target intact.
Recent news confirms that Gamuda Berhad is still on track to achieve its RM50 billion order book target by end-2026, with analysts generally maintaining a positive outlook.
🧩 Key takeaways
• Target remains intact: The company continues to aim for an order book of ~RM50 billion by 2026. 
• Strong current base:
• Around RM45–46 billion order book as of end-2025, already near record highs. 
• Pipeline visibility:
• About RM20 billion in potential new projects identified (local + overseas). 
• Required replenishment:
• Needs roughly RM20 billion new job wins in 2026 to hit the target (after accounting for project burn rate). 
🚧 What’s supporting the target
• Diversified project pipeline:
• Malaysia: Penang LRT, water projects, data centres
• Overseas: Australia, Taiwan, Singapore infrastructure
• New growth areas:
• Renewable energy
• Data centre developments (hyperscaler demand)
⚠️ Risks / watch points
• Timing issues (not structural):
• Some major local projects are still early stage → delays in earnings recognition
• Property segment risks:
• Vietnam project approvals could affect near-term sales
📊 Bottom line
• The RM50b target is credible and widely supported by analysts
• Gamuda is already ~90% there, so execution (securing ~RM20b new jobs) is the key
• Overall outlook remains bullish, with earnings expected to ramp up as projects progress
https://www.facebook.com/share/p/18WPvjtrcm/?mibextid=wwXIfr
Recent news confirms that Gamuda Berhad is still on track to achieve its RM50 billion order book target by end-2026, with analysts generally maintaining a positive outlook.
🧩 Key takeaways
• Target remains intact: The company continues to aim for an order book of ~RM50 billion by 2026. 
• Strong current base:
• Around RM45–46 billion order book as of end-2025, already near record highs. 
• Pipeline visibility:
• About RM20 billion in potential new projects identified (local + overseas). 
• Required replenishment:
• Needs roughly RM20 billion new job wins in 2026 to hit the target (after accounting for project burn rate). 
🚧 What’s supporting the target
• Diversified project pipeline:
• Malaysia: Penang LRT, water projects, data centres
• Overseas: Australia, Taiwan, Singapore infrastructure
• New growth areas:
• Renewable energy
• Data centre developments (hyperscaler demand)
⚠️ Risks / watch points
• Timing issues (not structural):
• Some major local projects are still early stage → delays in earnings recognition
• Property segment risks:
• Vietnam project approvals could affect near-term sales
📊 Bottom line
• The RM50b target is credible and widely supported by analysts
• Gamuda is already ~90% there, so execution (securing ~RM20b new jobs) is the key
• Overall outlook remains bullish, with earnings expected to ramp up as projects progress
https://www.facebook.com/share/p/18WPvjtrcm/?mibextid=wwXIfr
EPF's Akaun Fleksibel: Trends, withdrawals and spending patterns.
📊 1) Overall adoption & scale
• ~5 million members (under 55) have used Akaun Fleksibel
• Total withdrawals: RM16.6 billion
• Adoption rate: ~37% of 13.3 million eligible members 
👉 Interpretation:
• Uptake is moderate, not universal
• Majority (63%) still haven’t used it — either:
• financially stable, or
• lacking sufficient savings to withdraw 
⸻
📈 2) Withdrawal trends over time
🔺 Initial surge (May 2024 launch)
• 2.6 million withdrawals in first month
• RM6.01 billion withdrawn (peak) 
Driven by:
• One-off transfer window (Account 2 → Account 3)
• Immediate liquidity demand
⸻
📉 Rapid normalisation
• June–Aug 2024: sharp drop
• Late 2024 onwards: stabilised
Typical pattern:
• ~1.3 million withdrawals/month
• RM420m–RM530m monthly withdrawals in 2025 
👉 Key insight:
• Shift from “panic / bulk withdrawals” → routine usage
🔁 3) Behavioural patterns
Two clear user types:
1. High-frequency users
• Withdraw regularly (9+ months)
• Use for:
• food
• commuting
• recurring expenses
2. Low-frequency users
• Withdraw occasionally
• Use for:
• emergencies (job loss, medical)
• business or home repairs 
👉 Insight:
• Akaun Fleksibel serves both:
• daily liquidity tool
• emergency safety net
⸻
🧾 4) Spending patterns (what money is used for)
🥇 Top uses (overwhelmingly essential)
• 93% → daily necessities
• 81.7% → emergencies
• 74.4% → debt / financial obligations
• 73.3% → seasonal/lifestyle needs 
5) What the data really shows (big-picture insights)
✅ 1. It acts as a “financial shock absorber”
• Helps households manage:
• rising cost of living
• income volatility
• Especially important for lower-income groups 
⸻
⚖️ 2. Balanced usage (not excessive)
• Only ~10% of members withdraw monthly
• Many with funds choose not to withdraw 
👉 Suggests:
• Users are relatively disciplined
• Not draining retirement savings recklessly
⸻
⚠️ 3. Structural economic signal
Heavy use for essentials implies:
• Wage growth vs cost-of-living mismatch
• Increasing reliance on retirement savings for short-term survival
EPF itself notes:
• Broader economic issues (inflation, wages) must be addressed 
⸻
🔄 4. Shift in EPF’s role
Traditionally:
• Pure retirement fund
Now:
• Hybrid system:
• Retirement protection (Account 1 & 2)
• Liquidity buffer (Account 3)
⸻
🧩 6) Key takeaway in one line
👉 Akaun Fleksibel has evolved into a controlled, need-driven liquidity tool — primarily used for essentials and emergencies, not discretionary spending.
https://www.facebook.com/share/p/1CBJ955v5y/?mibextid=wwXIfr
📊 1) Overall adoption & scale
• ~5 million members (under 55) have used Akaun Fleksibel
• Total withdrawals: RM16.6 billion
• Adoption rate: ~37% of 13.3 million eligible members 
👉 Interpretation:
• Uptake is moderate, not universal
• Majority (63%) still haven’t used it — either:
• financially stable, or
• lacking sufficient savings to withdraw 
⸻
📈 2) Withdrawal trends over time
🔺 Initial surge (May 2024 launch)
• 2.6 million withdrawals in first month
• RM6.01 billion withdrawn (peak) 
Driven by:
• One-off transfer window (Account 2 → Account 3)
• Immediate liquidity demand
⸻
📉 Rapid normalisation
• June–Aug 2024: sharp drop
• Late 2024 onwards: stabilised
Typical pattern:
• ~1.3 million withdrawals/month
• RM420m–RM530m monthly withdrawals in 2025 
👉 Key insight:
• Shift from “panic / bulk withdrawals” → routine usage
🔁 3) Behavioural patterns
Two clear user types:
1. High-frequency users
• Withdraw regularly (9+ months)
• Use for:
• food
• commuting
• recurring expenses
2. Low-frequency users
• Withdraw occasionally
• Use for:
• emergencies (job loss, medical)
• business or home repairs 
👉 Insight:
• Akaun Fleksibel serves both:
• daily liquidity tool
• emergency safety net
⸻
🧾 4) Spending patterns (what money is used for)
🥇 Top uses (overwhelmingly essential)
• 93% → daily necessities
• 81.7% → emergencies
• 74.4% → debt / financial obligations
• 73.3% → seasonal/lifestyle needs 
5) What the data really shows (big-picture insights)
✅ 1. It acts as a “financial shock absorber”
• Helps households manage:
• rising cost of living
• income volatility
• Especially important for lower-income groups 
⸻
⚖️ 2. Balanced usage (not excessive)
• Only ~10% of members withdraw monthly
• Many with funds choose not to withdraw 
👉 Suggests:
• Users are relatively disciplined
• Not draining retirement savings recklessly
⸻
⚠️ 3. Structural economic signal
Heavy use for essentials implies:
• Wage growth vs cost-of-living mismatch
• Increasing reliance on retirement savings for short-term survival
EPF itself notes:
• Broader economic issues (inflation, wages) must be addressed 
⸻
🔄 4. Shift in EPF’s role
Traditionally:
• Pure retirement fund
Now:
• Hybrid system:
• Retirement protection (Account 1 & 2)
• Liquidity buffer (Account 3)
⸻
🧩 6) Key takeaway in one line
👉 Akaun Fleksibel has evolved into a controlled, need-driven liquidity tool — primarily used for essentials and emergencies, not discretionary spending.
https://www.facebook.com/share/p/1CBJ955v5y/?mibextid=wwXIfr
10/4/2026
Top articles:
1) US/Israel-Iran CEASEFIRE? Top 10 Malaysia Stock to Focus On
--> https://klse.i3investor.com/web/blog/detail/bestStocks/2026-04-08-story-h501421382-US_Israel_Iran_CEASEFIRE_Top_10_Malaysia_Stock_to_Focus_On_GAMUDA_INARI_
2) AMS Advanced Material Berhad (AMS) - Well-Positioned To Ride On Malaysia's Semiconductor Upcycle
--> https://klse.i3investor.com/web/blog/detail/MplusOnline/2026-04-09-story-h501422401-AMS_Advanced_Material_Berhad_AMS_Well_Positioned_To_Ride_On_Malaysia_39_
3) Sold VS in Time — Top Industrial Analyst Now Warns on Next Stocks to Sell
—> https://klse.i3investor.com/web/blog/detail/strblog/2026-04-08-story-h501422341-Sold_VS_in_Time_Top_Industrial_Analyst_Now_Warns_on_Next_Stocks_to_Sell
4) Latest Director Transactions
—> https://klse.i3investor.com/web/insider/director/list
5) Open a cds account at mplus/malacca securities. 0.0008 brokerage…Fill up below
—> https://bit.ly/openmplusaccountloh
Top articles:
1) US/Israel-Iran CEASEFIRE? Top 10 Malaysia Stock to Focus On
--> https://klse.i3investor.com/web/blog/detail/bestStocks/2026-04-08-story-h501421382-US_Israel_Iran_CEASEFIRE_Top_10_Malaysia_Stock_to_Focus_On_GAMUDA_INARI_
2) AMS Advanced Material Berhad (AMS) - Well-Positioned To Ride On Malaysia's Semiconductor Upcycle
--> https://klse.i3investor.com/web/blog/detail/MplusOnline/2026-04-09-story-h501422401-AMS_Advanced_Material_Berhad_AMS_Well_Positioned_To_Ride_On_Malaysia_39_
3) Sold VS in Time — Top Industrial Analyst Now Warns on Next Stocks to Sell
—> https://klse.i3investor.com/web/blog/detail/strblog/2026-04-08-story-h501422341-Sold_VS_in_Time_Top_Industrial_Analyst_Now_Warns_on_Next_Stocks_to_Sell
4) Latest Director Transactions
—> https://klse.i3investor.com/web/insider/director/list
5) Open a cds account at mplus/malacca securities. 0.0008 brokerage…Fill up below
—> https://bit.ly/openmplusaccountloh
Buy RON95 @ RM1.99/L with Setel. Sign up with my referral code and we’ll both earn RM3 after you spend RM30 on fuel or at Kedai Mesra.
My referral code: ksjs2
https://www.setel.com/ref/ksjs2
My referral code: ksjs2
https://www.setel.com/ref/ksjs2