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 454 4,964 SH   SOLE   4,964 0 0
AMERCO COM 023586100 8,853 30,740 SH   SOLE   30,740 0 0
ASTRONICS COM 046433108 161 18,899 SH   SOLE   18,899 0 0
BUILDERS F.S. COM 12008R107 201 16,721 SH   SOLE   16,721 0 0
CHASE CORP. COM 16150R104 6,777 83,661 SH   SOLE   83,661 0 0
CIRCOR INT'L COM 17273K109 148 12,844 SH   SOLE   12,844 0 0
CONOCOPHILLIPS COM 20825C104 1,903 62,905 SH   SOLE   62,905 0 0
COOPER TIRE COM 216831107 614 38,379 SH   SOLE   38,379 0 0
CORE MOLDINGS COM 218683100 145 96,722 SH   SOLE   96,722 0 0
CRANE CO. COM 224399105 1,100 22,459 SH   SOLE   22,459 0 0
DELTA APPAREL COM 247368103 5,196 506,934 SH   SOLE   506,934 0 0
DENNY'S CORP. COM 24869P104 426 56,850 SH   SOLE   56,850 0 0
DUCOMMUN INC COM 264147109 543 22,174 SH   SOLE   22,174 0 0
EASTMAN CHEM COM 277432100 1,663 36,149 SH   SOLE   36,149 0 0
EATON CORP COM G29183103 240 3,100 SH   SOLE   3,100 0 0
FERRO CORP. COM 315405100 1,525 164,856 SH   SOLE   164,856 0 0
FLOTEK IND. COM 343389102 351 412,593 SH   SOLE   412,593 0 0
GOODYEAR TIRE COM 382550101 1,290 224,313 SH   SOLE   224,313 0 0
HANESBRANDS COM 410345102 701 90,431 SH   SOLE   90,431 0 0
HESS CORP. COM 42809H107 230 6,961 SH   SOLE   6,961 0 0
HUNTSMAN CORP. COM 447011107 4,856 340,746 SH   SOLE   340,746 0 0
IEC ELECTRIC COM 44949L105 167 30,305 SH   SOLE   30,305 0 0
INGERSOLL RAND COM 45687V106 369 15,042 SH   SOLE   15,042 0 0
JOHNSON OUTDR COM 479167108 276 4,459 SH   SOLE   4,459 0 0
KEMET CORP. COM 488360207 1,414 58,926 SH   SOLE   58,926 0 0
KRATON PERFORM COM 50077C106 2,022 252,775 SH   SOLE   252,775 0 0
L3 HARRIS TECH COM 502431109 2,628 14,599 SH   SOLE   14,599 0 0
LCI INDUSTRIES COM 50189K103 2,040 30,910 SH   SOLE   30,910 0 0
MARATHON PET. COM 56585A102 651 27,691 SH   SOLE   27,691 0 0
NN, INC. COM 629337106 212 128,552 SH   SOLE   128,552 0 0
NORTHERN TECH COM 665809109 558 85,891 SH   SOLE   85,891 0 0
PERMA-FIX ENV. COM 714157203 54 10,741 SH   SOLE   10,741 0 0
PHILLIPS 66 COM 718546104 1,707 32,210 SH   SOLE   32,210 0 0
Q.E.P. CO.,INC COM 74727K102 1,384 197,779 SH   SOLE   197,779 0 0
READING INT'L COM 755408101 154 41,147 SH   SOLE   41,147 0 0
SENSIENT TECH COM 81725T100 227 5,277 SH   SOLE   5,277 0 0
SPARTAN MOTORS COM 846819100 297 23,775 SH   SOLE   23,775 0 0
STANDEX INTL CP COM 854231107 3,310 68,252 SH   SOLE   68,252 0 0
STEPAN CHEMICAL COM 858586100 638 7,248 SH   SOLE   7,248 0 0
TEEKAY TANKERS COM Y8565N300 231 10,500 SH   SOLE   10,500 0 0
TOTAL SA COM 89151E109 566 15,309 SH   SOLE   15,309 0 0
TRANE TECH COM G8994E103 1,233 15,039 SH   SOLE   15,039 0 0
TRINSEO SA COM L9340P101 1,195 66,411 SH   SOLE   66,411 0 0
UFP INDUSTRIES COM 913543104 205 5,550 SH   SOLE   5,550 0 0
UNITED RENTALS COM 911363109 2,712 26,591 SH   SOLE   26,591 0 0
VAALCO ENERGY COM 91851C201 2,304 2,710,964 SH   SOLE   2,710,964 0 0
WATTS WATER COM 942749102 2,590 30,832 SH   SOLE   30,832 0 0
WESCO INTL COM 95082P105 234 10,400 SH   SOLE   10,400 0 0
UNIVERSAL SEC COM 913821302 7 22,761 SH   SOLE   22,761 0 0
ZUNICOM INC COM COM 98981X401 7 355,953 SH   SOLE   355,953 0 0