Wow, the political implications of this are staggering...
Dude has 5 coconuts left in the world, so he'll sacrifice at least one just to hurt the other guy - unless I am missing some other connotation? (the only other thing I can come up with is that he'll gamble on those, just to get access to the other +2)
Yeah he is gonna make a hammock and is smiling cause he knows how great it will be to sleep in. Mabe his friend will come over and hang out with him too.
Some would say this is an analogy on how Israel looks at Palestine, even though they already have the better side with the help of top-notch (ACME) weapons from outside (a sling, maybe because of the implications of the David and Goliath story?). Others say he's horny and wants to fling himself directly onto the other. I'm with the horny camp 100%.