A varient of "How's it going" or the American "How's it hanging". Used quite a bit in the south of Ireland, especially in Cork.
Cork Feen: Here Bai, how's the form?
Cork Bai: Ah you know, sure I'm da berries since I got that massive tumour removed.
Cork Feen: ....daecent, daecent.
Translation:
Cork Male: Hey Man, how's it going?
Cork Male 2: Well, I've been great since I got that massive tumour removed.
Cork Male:....good, good.
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).