The functionality is similar to the one in Kendo UI Chart (http://demos.telerik.com/kendo-ui/dataviz/line-charts/notes.html) :
http://dojo.telerik.com/OZuNU

For the time being you can try to utilize the kendo.drawing API in order to place the text on a particular position.  This forum may be helpful on the matter - http://www.telerik.com/forums/custom-drawing#sOkmYWbfrUW404Rr13eLDQ