I think the part about 'cherish' was aimed at the MC not the old man saying it to himself. He was basically implying the MC doesn't know how to cherish his things.
NIce. Hes breaking ties with his past and friend. Moving on. What I wanted ^_~
Now the old guy will teach him kung fuu ? or will it be cultivation stuff x
ps- Old man was eating canned baked beans, of course he wants the good dishes