Its deeper meaning is:
"the joyful (oha) sharing (alo) of life energy (ha) in the present (alo)."
As you share this energy you become attuned to the Universal Power that the Hawaiians call "Mana". And the loving use of this incredible Power is the secret for attaining true health, happiness, prosperity and success.
(excerpted from "The Little Pink Booklet of Aloha".)