The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLEGION, PLC COM G0176J109 477 3,626 SH   SOLE   3,626 0 0
ALLIED MOTION COM 019330109 227 6,300 SH   SOLE   6,300 0 0
AMERCO COM 023586100 13,764 19,224 SH   SOLE   19,224 0 0
ASTRONICS COM 046433108 152 12,947 SH   SOLE   12,947 0 0
ATRION CP COM 049904105 109 157 SH   SOLE   157 0 0
BEACON ROOFING COM 073685109 226 4,000 SH   SOLE   4,000 0 0
BERRY PLASTICS COM 08579W103 1,542 21,118 SH   SOLE   21,118 0 0
BRISTOL MYERS COM 110122108 790 12,738 SH   SOLE   12,738 0 0
BUILDERS F.S. COM 12008R107 805 9,471 SH   SOLE   9,471 0 0
CARLISLE CO. COM 142339100 86 350 SH   SOLE   350 0 0
CARRIER GLOBAL COM 14448C104 1,146 21,424 SH   SOLE   21,424 0 0
CHASE CORP. COM 16150R104 4,774 48,711 SH   SOLE   48,711 0 0
CHEMOURS COM 163851108 244 7,400 SH   SOLE   7,400 0 0
CIRCOR INT'L COM 17273K109 189 7,122 SH   SOLE   7,122 0 0
CONOCOPHILLIPS COM 20825C104 2,807 39,116 SH   SOLE   39,116 0 0
CORE MOLDINGS COM 218683100 484 60,442 SH   SOLE   60,442 0 0
CRANE CO. COM 224399105 1,512 14,966 SH   SOLE   14,966 0 0
DELTA APPAREL COM 247368103 10,659 380,681 SH   SOLE   380,681 0 0
DENNY'S CORP. COM 24869P104 666 42,270 SH   SOLE   42,270 0 0
DORMAN PROD COM 258278100 140 1,254 SH   SOLE   1,254 0 0
DOW INC. COM 260557103 62 1,100 SH   SOLE   1,100 0 0
DUCOMMUN INC COM 264147109 401 8,714 SH   SOLE   8,714 0 0
EASTERN CO. COM 276317104 22 904 SH   SOLE   904 0 0
EASTMAN CHEM COM 277432100 3,422 28,516 SH   SOLE   28,516 0 0
EATON CORP COM G29183103 430 2,500 SH   SOLE   2,500 0 0
ESCALADE INC. COM 296056104 97 6,434 SH   SOLE   6,434 0 0
FERRO CORP. COM 315405100 3,558 167,427 SH   SOLE   167,427 0 0
GLATFELTER COM 377320106 33 2,000 SH   SOLE   2,000 0 0
GOODYEAR TIRE COM 382550101 1,562 74,371 SH   SOLE   74,371 0 0
GRIFFON CORP. COM 398433102 22 800 SH   SOLE   800 0 0
H&R BLOCK COM 093671105 110 4,800 SH   SOLE   4,800 0 0
HANESBRANDS COM 410345102 1,135 69,230 SH   SOLE   69,230 0 0
HERC HOLDINGS COM 42704L104 153 989 SH   SOLE   989 0 0
HESS CORP. COM 42809H107 351 4,771 SH   SOLE   4,771 0 0
HUNTSMAN CORP. COM 447011107 8,892 257,746 SH   SOLE   257,746 0 0
HUTTIG BUILDING COM 448451104 661 62,988 SH   SOLE   62,988 0 0
INGERSOLL RAND COM 45687V106 509 8,350 SH   SOLE   8,350 0 0
INGLES MARKETS COM 457030104 5,634 65,897 SH   SOLE   65,897 0 0
JELD-WEN COM 47580P103 25 1,000 SH   SOLE   1,000 0 0
JOHNSON OUTDR COM 479167108 328 3,525 SH   SOLE   3,525 0 0
KOPPERS HOLDING COM 50060P106 2,065 67,707 SH   SOLE   67,707 0 0
KRATON PERFORM COM 50077C106 8,679 195,027 SH   SOLE   195,027 0 0
KROGER COM 501044101 18 400 SH   SOLE   400 0 0
L3 HARRIS TECH COM 502431109 1,948 9,166 SH   SOLE   9,166 0 0
LCI INDUSTRIES COM 50189K103 3,264 21,061 SH   SOLE   21,061 0 0
LOEWS CORP COM 540424108 120 2,100 SH   SOLE   2,100 0 0
MARATHON PET. COM 56585A102 1,574 24,782 SH   SOLE   24,782 0 0
MONRO MUFFLER COM 610236101 11 189 SH   SOLE   189 0 0
NORTHERN TECH COM 665809109 744 54,096 SH   SOLE   54,096 0 0
OLIN CORP COM 680665205 2,791 48,968 SH   SOLE   48,968 0 0
OSHKOSH CORP COM 688239201 269 2,400 SH   SOLE   2,400 0 0
PATRICK IND. COM 703343103 66 829 SH   SOLE   829 0 0
PHILLIPS 66 COM 718546104 1,578 21,916 SH   SOLE   21,916 0 0
Q.E.P. CO.,INC COM 74727K102 3,139 174,391 SH   SOLE   174,391 0 0
READING INT'L COM 755408101 91 24,257 SH   SOLE   24,257 0 0
SCORPIO TANKERS COM Y7542C130 18 1,500 SH   SOLE   1,500 0 0
SENSIENT TECH COM 81725T100 365 3,666 SH   SOLE   3,666 0 0
SHYFT GROUP COM 825698103 219 4,515 SH   SOLE   4,515 0 0
SPX CORP. COM 784635104 113 1,912 SH   SOLE   1,912 0 0
SPX FLOW COM 78469X107 98 1,154 SH   SOLE   1,154 0 0
STANDEX INTL CP COM 854231107 3,221 29,285 SH   SOLE   29,285 0 0
STEPAN CHEMICAL COM 858586100 596 4,823 SH   SOLE   4,823 0 0
TOTAL SA COM 89151E109 259 5,276 SH   SOLE   5,276 0 0
TRANE TECH COM G8994E103 1,872 9,288 SH   SOLE   9,288 0 0
TRIMAS CORP. COM 896215209 205 5,625 SH   SOLE   5,625 0 0
TRINSEO SA COM G9059U107 6,598 126,889 SH   SOLE   126,889 0 0
UFP INDUSTRIES COM 90278Q108 389 4,250 SH   SOLE   4,250 0 0
UNITED RENTALS COM 911363109 6,287 18,966 SH   SOLE   18,966 0 0
USA COMPRESS COM 90290N109 42 2,500 SH   SOLE   2,500 0 0
VAALCO ENERGY COM 91851C201 9,929 3,151,935 SH   SOLE   3,151,935 0 0
VSE CORP. COM 918284100 183 3,058 SH   SOLE   3,058 0 0
WATTS WATER COM 942749102 2,341 12,100 SH   SOLE   12,100 0 0
WESCO INTL COM 95082P105 1,035 7,900 SH   SOLE   7,900 0 0
WESTLAKE CHEM COM 960413102 1,981 20,532 SH   SOLE   20,532 0 0
GLADSTONE COM 376536108 37 1,500 SH   SOLE   1,500 0 0
AMERICAN BILT COM 024591406 48 318 SH   SOLE   318 0 0
APARTMENT INVT COM 03748R747 127 17,500 SH   SOLE   17,500 0 0
BERK HATH CL 'B' COM 084670702 60 200 SH   SOLE   200 0 0
BGSF, INC COM 05601C105 30 2,200 SH   SOLE   2,200 0 0
EXXON MOBIL COM 30231G102 9 145 SH   SOLE   145 0 0
GCP APPLIED COM 36164Y101 3 100 SH   SOLE   100 0 0
MANITEX INT'L COM 563420108 14 2,559 SH   SOLE   2,559 0 0
NEW RESIDENTIAL COM 64828T201 18 1,767 SH   SOLE   1,767 0 0
P & F INDUSTRIES COM 692830508 31 5,700 SH   SOLE   5,700 0 0
PFIZER INC. COM 717081103 18 300 SH   SOLE   300 0 0
RCI HOSPITALITY COM 74934Q108 91 1,185 SH   SOLE   1,185 0 0
SINCLAIR BROAD COM 829226109 31 1,200 SH   SOLE   1,200 0 0
UNIVERSAL SEC COM 913821302 151 50,331 SH   SOLE   50,331 0 0
VALERO ENERGY COM 91913Y100 19 250 SH   SOLE   250 0 0