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 395 3,626 SH   SOLE   3,626 0 0
ALLIED MOTION COM 019330109 186 6,300 SH   SOLE   6,300 0 0
AMERCO COM 023586100 11,572 19,614 SH   SOLE   19,614 0 0
ASTRONICS COM 046433108 164 12,947 SH   SOLE   12,947 0 0
ATRION CP COM 049904105 110 157 SH   SOLE   157 0 0
BEACON ROOFING COM 073685109 236 4,000 SH   SOLE   4,000 0 0
BERRY PLASTICS COM 08579W103 1,214 21,118 SH   SOLE   21,118 0 0
BRISTOL MYERS COM 110122108 916 12,638 SH   SOLE   12,638 0 0
BUILDERS F.S. COM 12008R107 606 9,471 SH   SOLE   9,471 0 0
CARLISLE CO. COM 142339100 86 350 SH   SOLE   350 0 0
CARRIER GLOBAL COM 14448C104 1,061 23,317 SH   SOLE   23,317 0 0
CHASE CORP. COM 16150R104 4,154 48,304 SH   SOLE   48,304 0 0
CHEMOURS COM 163851108 229 7,400 SH   SOLE   7,400 0 0
CIRCOR INT'L COM 17273K109 185 7,122 SH   SOLE   7,122 0 0
CONOCOPHILLIPS COM 20825C104 3,892 39,116 SH   SOLE   39,116 0 0
CORE MOLDINGS COM 218683100 619 58,974 SH   SOLE   58,974 0 0
CRANE CO. COM 224399105 1,584 14,666 SH   SOLE   14,666 0 0
DELTA APPAREL COM 247368103 11,007 379,549 SH   SOLE   379,549 0 0
DENNY'S CORP. COM 24869P104 586 41,870 SH   SOLE   41,870 0 0
DORMAN PROD COM 258278100 119 1,254 SH   SOLE   1,254 0 0
DOW INC. COM 260557103 70 1,100 SH   SOLE   1,100 0 0
DUCOMMUN INC COM 264147109 453 8,714 SH   SOLE   8,714 0 0
EASTERN CO. COM 276317104 20 904 SH   SOLE   904 0 0
EASTMAN CHEM COM 277432100 3,168 28,416 SH   SOLE   28,416 0 0
EATON CORP COM G29183103 377 2,500 SH   SOLE   2,500 0 0
ESCALADE INC. COM 296056104 84 6,434 SH   SOLE   6,434 0 0
FERRO CORP. COM 315405100 2,889 134,393 SH   SOLE   134,393 0 0
GOODYEAR TIRE COM 382550101 1,041 74,371 SH   SOLE   74,371 0 0
GRIFFON CORP. COM 398433102 16 800 SH   SOLE   800 0 0
H&R BLOCK COM 093671105 127 5,000 SH   SOLE   5,000 0 0
HANESBRANDS COM 410345102 988 68,130 SH   SOLE   68,130 0 0
HERC HOLDINGS COM 42704L104 164 989 SH   SOLE   989 0 0
HESS CORP. COM 42809H107 508 4,771 SH   SOLE   4,771 0 0
HUNTSMAN CORP. COM 447011107 9,592 259,246 SH   SOLE   259,246 0 0
HUTTIG BUILDING COM 448451104 943 92,012 SH   SOLE   92,012 0 0
INGERSOLL RAND COM 45687V106 413 8,251 SH   SOLE   8,251 0 0
INGLES MARKETS COM 457030104 5,832 65,897 SH   SOLE   65,897 0 0
JELD-WEN COM 47580P103 20 1,000 SH   SOLE   1,000 0 0
JOHNSON OUTDR COM 479167108 271 3,525 SH   SOLE   3,525 0 0
KOPPERS HOLDING COM 50060P106 1,825 67,607 SH   SOLE   67,607 0 0
KROGER COM 501044101 23 400 SH   SOLE   400 0 0
L3 HARRIS TECH COM 502431109 2,211 8,916 SH   SOLE   8,916 0 0
LCI INDUSTRIES COM 50189K103 2,164 21,011 SH   SOLE   21,011 0 0
LOEWS CORP COM 540424108 134 2,100 SH   SOLE   2,100 0 0
MARATHON PET. COM 56585A102 2,106 24,782 SH   SOLE   24,782 0 0
MONRO MUFFLER COM 610236101 8 189 SH   SOLE   189 0 0
NORTHERN TECH COM 665809109 619 53,794 SH   SOLE   53,794 0 0
OLIN CORP COM 680665205 6,412 123,305 SH   SOLE   123,305 0 0
OSHKOSH CORP COM 688239201 230 2,300 SH   SOLE   2,300 0 0
PATRICK IND. COM 703343103 50 829 SH   SOLE   829 0 0
PHILLIPS 66 COM 718546104 1,868 21,716 SH   SOLE   21,716 0 0
Q.E.P. CO.,INC COM 74727K102 3,010 172,018 SH   SOLE   172,018 0 0
READING INT'L COM 755408101 95 23,857 SH   SOLE   23,857 0 0
SCORPIO TANKERS COM Y7542C130 20 1,000 SH   SOLE   1,000 0 0
SENSIENT TECH COM 81725T100 298 3,566 SH   SOLE   3,566 0 0
SHYFT GROUP COM 825698103 160 4,515 SH   SOLE   4,515 0 0
SPX CORP. COM 784635104 94 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 2,908 29,222 SH   SOLE   29,222 0 0
STEPAN CHEMICAL COM 858586100 473 4,823 SH   SOLE   4,823 0 0
TOTAL SA COM 89151E109 264 5,276 SH   SOLE   5,276 0 0
TRANE TECH COM G8994E103 1,412 9,288 SH   SOLE   9,288 0 0
TRIMAS CORP. COM 896215209 177 5,625 SH   SOLE   5,625 0 0
TRINSEO SA COM G9059U107 6,058 127,539 SH   SOLE   127,539 0 0
UFP INDUSTRIES COM 90278Q108 325 4,250 SH   SOLE   4,250 0 0
UNITED RENTALS COM 911363109 6,723 18,966 SH   SOLE   18,966 0 0
USA COMPRESS COM 90290N109 43 2,500 SH   SOLE   2,500 0 0
VAALCO ENERGY COM 91851C201 19,574 3,131,898 SH   SOLE   3,131,898 0 0
VIRCO MFG CO COM 927651109 67 24,367 SH   SOLE   24,367 0 0
VSE CORP. COM 918284100 139 3,058 SH   SOLE   3,058 0 0
WATTS WATER COM 942749102 1,682 12,100 SH   SOLE   12,100 0 0
WESCO INTL COM 95082P105 1,023 7,900 SH   SOLE   7,900 0 0
WESTLAKE CHEM COM 960413102 2,648 21,532 SH   SOLE   21,532 0 0
GLADSTONE COM 376536108 32 1,500 SH   SOLE   1,500 0 0
LIFE STORAGE COM 53223X107 428 3,082 SH   SOLE   3,082 0 0
AMERICAN BILT COM 024591406 48 318 SH   SOLE   318 0 0
APARTMENT INVT COM 03748R747 122 17,500 SH   SOLE   17,500 0 0
BERK HATH CL 'B' COM 084670702 70 200 SH   SOLE   200 0 0
BGSF, INC COM 05601C105 27 2,200 SH   SOLE   2,200 0 0
COMPASS DIV COM 20451Q104 23 1,000 SH   SOLE   1,000 0 0
EXXON MOBIL COM 30231G102 12 145 SH   SOLE   145 0 0
MANITEX INT'L COM 563420108 4 559 SH   SOLE   559 0 0
NEW RESIDENTIAL COM 64828T201 19 1,767 SH   SOLE   1,767 0 0
OTIS WORLDWIDE COM 68902V107 72 946 SH   SOLE   946 0 0
P & F INDUSTRIES COM 692830508 33 5,700 SH   SOLE   5,700 0 0
PFIZER INC. COM 717081103 15 300 SH   SOLE   300 0 0
RAYTHEON COM 75513E101 186 1,893 SH   SOLE   1,893 0 0
RCI HOSPITALITY COM 74934Q108 71 1,185 SH   SOLE   1,185 0 0
SINCLAIR BROAD COM 829226109 33 1,200 SH   SOLE   1,200 0 0
TARGA RESOURCES COM 87611X105 232 3,100 SH   SOLE   3,100 0 0
UNIVERSAL SEC COM 913821302 199 49,831 SH   SOLE   49,831 0 0
VALERO ENERGY COM 91913Y100 25 250 SH   SOLE   250 0 0
WILLIAMS CO COM 969457100 132 4,000 SH   SOLE   4,000 0 0